- Executives from French utility EDF gave a strategy presentation this week, saying it is experiencing rapid growth in its electric vehicle charging business, Reuters reported.
- EDF's electric vehicle business Sodetrel has seen revenues rise 50% annually over the past three years, and it now has about 4,000 charging ports across the country, most available to the public.
- The electric industry is focused on growing EV adoption globally. In the United States, Edison Electric Institute and the Institute for Electric Innovation predict 7 million of the zero-emissions vehicles will be on the road by 2025—up from 567,000 at the end of 2016.
Just as in the United States, utilities in Europe are working to expand charging options for electric vehicle drivers. And Reuters reports Sodetrel’s Corri-Door fast-charging network has seen activity triple in the last year.
Individual charges rose to 3,000 in August, compared to just 1,000 the year before. Fast-charge stations on the Corri-Door network are located at 50-mile intervals and can recharge a vehicle in 30 minutes or less. The company has 200 of the 50 kV stations.
In the United States, EV sales could make up 7% of all vehicle sales by 2025, according to the EEI report. The vehicles could make up 3% of all cars and light duty trucks in the United States, by that time.
The report also concluded that about 5 million charge ports will be required to support those vehicles. Utilities are looking at the vehicles as a new source of demand and grid control, and possibly new revenues from charging infrastructure. Another recent report, from the Smart Electric Power Alliance, “Utilities and Electric Vehicles; The Case For Managed Charging,” has urged utilities to control charging so that it coincides with grid needs instead of becoming a stressor a peak times.
EVs on the road in the U.S. today represent 1 TWh of consumption, but could grow to 551 TWh by 2040, according to SEPA.