Know How- Solar Energy can meet the Demands of EV Fast Charging
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Know How- Solar Energy can meet the Demands of EV Fast Charging

The mobility market is experiencing a transformation and as the rate of adoption of electric vehicles (EV) accelerates, sales forecasts are being continuously revised upwards. While representing a small fraction of the overall market, it is forecasted that up to 10 million EVs sold in 2025, and more than 50% of all vehicles sold will be electric by 2050. Most of these vehicles will be charged slowly while parked overnight on a driveway connected to a wall-box. Some will charge more quickly at street charging points, while superfast charging will become possible at the fuel stations of the future. With multiple charging points operating simultaneously, peak demand on the local power grid will be significant and without massive investment in transmission lines and power plants to provide the capacity to deal with these, localized grid collapse could become commonplace. In this article, we look at the current state of EV charging and consider the levels of power demand that it could create in the not-too-distant future. We then consider how that demand could be met in a practical, sustainable, and commercially viable way.
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