EVs and increased energy consumption

[Sparty]

"The boom in EVs could add 20pc to household energy demand by 2033"

Summary of https://www.afr.com/policy/energy-an...230830-p5e0nx:

The Australian Energy Market Operator (AEMO) estimates that electric vehicle (EV) charging could add up to 21 per cent to residential electricity consumption by 2033. This is based on the assumption that EVs will reach "cost parity" against internal combustion engine cars within three years.

In addition to EV charging, the overall household consumption will leap 31 per cent over the next 10 years due to the increasing "electrify everything" push to replace gas heating, cooking and hot water systems with electric versions.

The AEMO has warned that this surge in demand could put strain on the electricity grid, particularly in peak periods.

To avoid this, the AEMO has called for a number of measures, including:

Increased investment in renewable energy and storage.

Smarter demand management, such as time-of-use pricing and demand response programs.
More efficient appliances and electric vehicles.

The AEMO has also said that it is working with governments and industry to develop a plan to manage the transition to a more electrified future.

[Sparty]

I wonder if AEMO has considered the impacts of the coming trend for EVs to act as stand alone home batteries and to exporters to the grid? See this thread: https://www.alternative-energy.com.a...ad.php?t=10360 for more info about the coming V2H, V2G revolution.

The widespread adoption of V2H and V2G technology could have a significant impact on energy producers and home solar systems.

V2H (Vehicle-to-Home): This technology allows electric vehicles to discharge their batteries to power homes during peak demand hours or when the grid is down. This could help to reduce the strain on the grid and save consumers money on their electricity bills.

V2G (Vehicle-to-Grid): This technology allows electric vehicles to store excess solar energy from homes and businesses and then discharge it back into the grid when needed. This could help to balance the grid and increase the utilization of renewable energy sources.

Both V2H and V2G have the potential to disrupt the traditional energy market. Energy producers would need to adapt to a new reality where they are competing with batteries for customers. Home solar systems would become more valuable as they could provide backup power and help to stabilize the grid.

Here are some specific impacts that V2H and V2G could have on energy producers and home solar systems:

Reduced demand for electricity from energy producers: V2H and V2G could help to reduce the demand for electricity from energy producers during peak demand hours. This could lead to lower electricity prices for consumers.

Increased demand for solar panels: V2H and V2G could increase the demand for solar panels as homeowners and businesses look to generate their own electricity. This could lead to lower prices for solar panels and increased investment in solar energy.

New opportunities for energy producers: Energy producers could partner with homeowners and businesses to offer V2H and V2G services. This could provide a new revenue stream for energy producers and help them to reduce their reliance on fossil fuels.

Challenges for energy producers: Energy producers would need to adapt to a new reality where they are competing with batteries for customers. They would also need to invest in new technologies to manage the grid as more and more electric vehicles and solar panels are connected to it.

Overall, the widespread adoption of V2H and V2G technology could have a positive impact on the energy market. It could help to reduce our reliance on fossil fuels, improve grid reliability, and save consumers money on their electricity bills. However, it is important to note that there are still some challenges that need to be addressed before this technology can be widely adopted.