EVs To Boost India Power Delivery
Electricity demand from Electric Vehicles to help power utilities earn $11 billion
June 14, 2018 (Economic Times of India)
“The overall electricity demand from large-scale adoption of electric vehicles (EVs) in India is projected to touch 69.6 terawatt hours by 2030... [and increasing adoption of electric vehicles (EVs)] across India will be instrumental in transforming the country's power sector and reduce emissions by 40-50 per cent, helping the country in achieving carbon emissions by 40-50 per cent, helping the country in achieving carbon emission reduction targets…[T]he mass adoption of electric mobility is expected to help the power and utilities sector realise net cost and revenue benefits from both demand and supply side…[According to a Assocham and Ernst & Young study,] even if the grid continues to be coal-heavy, emissions are likely to reduce by 20-30 per cent…[It also said success of India's EV mission depends on clear policy guidelines and] development and proliferation of a domestic manufacturing ecosystem… click here for more
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