Energy UK responds to National Grid's Future Energy Scenarios Report
Responding to National Grid’s Future Energy Scenarios report (published today), Energy UK’s chief executive Lawrence Slade said:
This report provides valuable insight into the ways in which an already rapidly changing energy system could develop as it moves increasingly towards a decentralised and decarbonised future - and makes it clear that electric vehicles (EVs) are going to play a pivotal role in that future energy system.
“This report also highlights the importance of smart charging and ensuring that electric vehicles can play an essential role in managing the networks and demand for power. With their ability to store and supply electricity back to the grid it’s striking that, even with potentially 36 million EVs on the road by 2040, National Grid predicts the extra peak demand could be as little as 8GW if managed appropriately.
“A projected doubling of installed capacity by 2050 underlines the case for a stable policy framework that enables the necessary investment to be made at the least cost to customers. As the National Infrastructure Commission made clear earlier this week, the transition to low carbon energy could happen without increasing bills if we make the correct decisions now – and mapping out the future, as this report does, will play an important role in getting those decisions right.”