by Timotej Gavrilovic in November 2016 for gtmresearch (a Wood Mackenzie Business)

Cumulative EV Sales, 2010-2015 (Number of Vehicles and $ Million

The electrification of passenger vehicles has become an increasing part of decarbonization conversations in energy policy and business. Prior to 2010, Energy Information Administration (EIA) estimated a total of 57,000 electric vehicles (EVs) in use in the U.S. Between 2010 and 2015, EV sales surpassed 400,000 vehicles with a value of $15 billion.

If technology and infrastructure continue to improve, EV sales could increase to 12 million vehicles. This market growth will have a significant impact on current and planned grid infrastructure, creating opportunities for existing stakeholders and new market players who can create integrated solutions for the EV driver, electric utility, wholesale energy market and aggregators.

Each of our reports in this two-part series on EVs provides background on the current market and serves as an analytical toolkit presenting modeling and scenario analysis extending through 2025. The analysis looks into the resource potential that EVs can provide to load, demand, distribution and transmission in specific geographies and nationwide.

This second report provides a comprehensive understanding of:

-- The current and historic market for EVs and EV infrastructure
-- The potential for EVs to participate in demand response or distributed energy resource programs to provide load reduction
-- Market structures and pilot programs evaluating V1G (smart charging of EV as demand response) and V2G (vehicle-to-grid) participation
-- Recent initiatives aimed at spurring innovation and EV integration
-- Market forecasts for EV adoption and resource potential 

Want more details?

Download a free brochure with a full table of contents as well as more information on the report´s analysis.

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Timotej Gavrilovic Consultant

Timotej Gavrilovic is an independent consultant and entrepreneur, currently serving on the advisory board of an early-stage start-up focused on distributed generation, Renw. His consulting focus is on the nexus of demand-side energy resources, such as energy efficiency, demand response, electric vehicles, distributed generation and dynamic pricing, as well as data science and analytics. In addition to consulting work, Timotej is an independent researcher for GTM Research, focusing on electric vehicles. Timotej is also a partner in two early stage entrepreneurial ventures in the food and beverage industry in South East Europe.


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