The Ledger
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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…”
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…”
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…”
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…”
Woolley: EV capacity will add a nuclear plant's worth of power every two years
“We'll probably hit that capacity again in the next two years. So we could be basically adding capacity at the rate of a new nuclear power station on the grid every couple of years, and of course that growth is accelerating vastly.”
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 …”
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…”
Woolley: Vehicle purchase point is the best time to enroll EV drivers in charging programs
“And so the best point to enroll a customer on a program is the point at which they're purchasing an electric vehicle.”
Woolley: Vehicle-to-home backup power will definitely roll out in North America
“I think vehicle to home to provide resiliency in North America is a thing. I was struck by, I mean, I've done some time in the United States, and when I first went out there From the energy perspective, I was fascinated by this thing where people used to go to…”
Woolley: Europe has 8M plug-in EVs compared to 4.5M in the US
“So there's about eight, eight million vehicles
I mean, plug-in vehicles in, in the European market right now, and over 50% now are battery electric.
And in the US it's around four and a half million, and again, over 50% now are battery electric.”
Woolley: European EV charging uses roaming aggregators unlike standalone US networks
“There are what we call roaming aggregators within the European market. So there's companies like Hubject and Jurev that allow for platforms on the other side to interface with a variety of different charging infrastructure networks and provide a single seamles…”
Woolley: UK energy retailers offer discounted type-of-use tariffs for managed EV charging
“The propositions that are being rolled out in competitive markets like the UK are tariffs which have now become known as what's called type of use tariffs. So a type of use tariff is a tariff that applies to a specific device within your home, like an electric…”
Woolley: Unmanaged EV charging could increase peak grid load by 50%
“A first level, which is unmanaged, which is really bad for the grid. We just get load happening at peak times, and that, that is going to be really, really bad for the grid. Some estimates say that that's going to be, like, an increase of peak load by, like, 5…”
Woolley: UK regulations mandate all new home EV chargers be smart and grid-controllable
“In the UK, they rolled out a regulation called the Smart Charging Regulations, which actually mandates every charger that goes into somebody's home now has to be smart and has to be controllable by the grid.”
Woolley: EV purchases often trigger home solar and DER adoption
“When you buy an EV, you often buy solar panels as well. Or you get other DERs that are associated with your home, because you start to become very aware about, like, the whole home and the ecosystem and how you're managing your energy.”