Rechargeable batteries in electric vehicles (EVs) not only offer enhanced electricity storage options and support to the grid, they could also boost the share of renewable energy sources in weather-dependent regions, according to a study by World Resources Institute. The study, which was published on Monday, found that EVs are already providing more than half of all new power generation capacity added globally since 2010. The study also listed factors specific to the Indian market, which need to be taken into account in designing an e-mobility strategy, including cost-sensitivity, high ambient temperatures and low driving speeds.
Rechargeable batteries in electric vehicles (EVs) not only offer enhanced electricity storage options and support to the grid, they could also boost the share of renewable energy sources in weather-dependent regions, according to a study by World Resources Institute. Potential for vehicle-to-grid systems and second-life battery storage were highlighted as potentially beneficial to Indian power sector. The study also listed factors specific to the Indian market, which need to be taken into account in designing an e-mobility strategy, including cost-sensitivity, high ambient temperatures and low driving speeds.