ev.energy CEO Nick Woolley describes the rapid growth rate of aggregate electric vehicle battery capacity on the electric grid compared to traditional nuclear power construction timelines.
Insight
Woolley: Vertically integrated utilities hold structural advantage for managed charging
“I think it is an advantage because what you do is you create clear line of sight all the way through to the value that's created. So if you are running a managed charging program, say in New York, we work with Con Edison. In New York's service territory, we ca…”
Insight
Woolley: Static time-of-use EV rates trigger massive secondary timer peaks
“The next level is, like, maybe you provide a time of use rate, and obviously, in markets like California, we've provided time of use rates. The big con to that is, what you get is, you get this massive secondary peak. You get what's called a timer peak. So you…”
Opinion
Woolley: Broad rollout of dynamic electricity rates is overly complex for consumers
“You don't want to make the proposition too complex because I mean, I hear a lot about like, well, let's just roll out like dynamic rates to everybody within, within markets. And I'm personally not necessarily a fan of doing that. I think some consumers will li…”
Assertion Supported
Woolley: Current US and European EV peak capacity equals three nuclear power stations
“Well, right now, so, like, if there's about thirteen million electric vehicles across Europe and the US, so, like, eight million and about five million in the US and so that's about 13 gigawatts at peak of load, which is probably, in the US, right now, untappe…”
Assertion Not checkable as stated
Woolley: US EV charging networks are concentrated while Europe's are fragmented
“The networks tend to be much more concentrated in the United States.
So we have big networks that span across the entirety of the US.
Versus in Europe, there is huge fragmentation.
If you go to somewhere like Germany, there are literally hundreds of different …”
Assertion Supported
Woolley: Some California EV drivers pay punitive rates without changing charging habits
“However, what we see in California with some of our partners that we're working with, what they've done is they've rolled out time of use rates, and they've sort of forced that on consumers. And so, and some of those consumers have not changed their behavior a…”