Electric Vehicles: Opportunities and Challenges for UtilitiesThis IDC Market Perspective analyzes the role utilities will play to support the development and deployment of electric vehicles (EVs). In particular, IDC focuses on outlining what are some of the key opportunities and challenges that utilities must address when participating in this increasingly electric (vehicle) world."The ability to precisely forecast electric supply and demand is changing with the expected growth in EVs and other forms of distributed clean energy such as solar, battery storage, and wind generation. Advanced distribution network planning and increased investment in the distribution system will be needed to maximize reliability and profitability particularly in areas with a high penetration of EVs," states John Villali, research director, IDC Energy Insights.
Please Note: Extended description available upon request.
- Executive Snapshot
- New Market Developments and Dynamics
- Understanding the Role of the Utility
- Key Opportunities
- ROI-Based Infrastructure Investments
- Building and Growing a Multiparty EV Ecosystem
- New/Additional Revenue Streams
- Vehicle-to-Grid Capabilities
- Key Challenges
- Managing Electrical Output and Load
- Infrastructure Buildout
- Software, Middleware, and Service Tooling
- Cybersecurity
- Advice for Technology Suppliers
- Advice for Utilities
- Advice for Automotive Manufacturers and Suppliers
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- Related Research
- Synopsis
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