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| Mercedes Electric Car |
Last November, the European Commission presented a package of clean
energy initiatives with the aim of achieving global leadership in
renewable energies and promoting energy efficiency. The package seeks to
provide a fair deal for consumers and support the EU’s commitment to
cutting CO2 emissions by at least 40 percent by 2030.
The so called “jumbo package” also includes specific measures to
support e-mobility, such as promoting the installation of recharging
points in new, non-residential buildings. With these measures, there is a
commitment to use renewable electricity in transport and to ensure
renewable sources and new technologies are integrated and allowed to
compete on a level playing field.
It is hoped that these changes will improve the penetration of
electric vehicles (EVs) in the transport sector. Figures currently
estimate their market share to be well under 1 percent, although
analysts predict a potential upsurge that could see this figure as high
as 35 percent by 2035.
“E-mobility has the potential to be a game changer,” explains Simone
Mori, Executive Vice President for European Affairs at Enel. “It can
help to deliver a whole range of inter-connected benefits, from cleaner
air and less pollution, to greater energy security. But barriers exist
and these need to be pulled down if these benefits are to be realized.”
EVs are also supporting the market for renewable energy sources
(RES), with car batteries offering new opportunities for grid-connected
storage and bringing “prosumers” into the electricity market.
A key to this is the continued development of innovative Vehichle2Grid
(V2G) technology, which allows managing bi-directional flows between the
EV’s battery and the electric grid. By acting as a “virtual power
plant,” they can sell the energy back to the grid and help the system
operator improve reliability by balancing supply with demand. Enel
is currently working on major V2G programs in Denmark and the U.K., with
the goal of introducing it to other European cities.
There are further wins for both consumers and the environment. Building
the market share of EVs means a higher use of electricity in satisfying
consumers’ energy needs in transport, which improves energy efficiency
by reducing primary energy needs. In fact, evidence shows that in the
past decade, as the use of electricity as an energy carrier has grown,
the economy’s energy intensity — the ratio between final energy
consumption and GDP — has decreased, providing the tangible proof of the
benefits of electrification. In particular, EVs can be three to four
times more energy efficient than conventional cars, therefore they bring
greater energy security to Europe by reducing energy imports. With poor
air quality currently exposing urban populations to numerous health
risks, e-mobility can dramatically reduce air pollution in our cities.
Read More: Decarbonizing Europe By Growing The Electric Vehicle Market Politico