The Potential Power Generation from Collective Electric Vehicles

For those of us in the U.S., Europe's strong electric vehicle market might offer a glimpse into the future of EV charging. In 2022 the electrification haven of Norway had a whopping 166 plugin-in electric vehicles per 1,000 residents. Germany had 20 per 1,000 residents and Europe’s largest fleet, based on reporting by Euronews. That’s far ahead of the U.S., which averaged 8.6 in 2022, according to Argonne National Laboratory.

So, it stands to reason that these countries must have insights into how to get all these vehicles charged. And Europe does indeed have a lot to teach the U.S. — but it turns out the lessons might actually go both ways. 

In this episode, Shayle talks to Nick Woolley, CEO and co-founder of charging management company ev.energy, which operates in both the U.S. and Europe. (Shayle’s firm Energy Impact Partners is also an investor in ev.energy.)

They discuss topics like:

• EV adoption rates and charging patterns by region
• The fragmented European charging networks and Europe’s unique roaming programs that facilitate interoperability
• The difference between customers who have off-street parking and their own charging infrastructure, and those who instead have to scavenge for charging
• The pros and cons of Europe’s unbundled electricity markets, as compared with vertically integrated markets in the U.S. 
• Carrots, sticks, and compliance for managed charging, also known as V1G
• The challenges of implementing vehicle-to-grid charging, or V2G

Recommended Resources:

• Catalyst: Can the V2X dream become reality?
• Catalyst: The journey to monetizing distributed energy resources

Sign up for Latitude Media’s Frontier Forum on January 29, featuring Crux CEO Alfred Johnson, who will break down the budding market for clean energy tax credits. We’ll dissect current transactions and pricing, compare buyer and seller expectations, and look at where the market is headed in 2024.

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