eDRV’s Post

GRIDSERVE: EV Charging project finance scales up What Allego and Meridiam started in EV charging project financing, GRIDSERVE has taken to the next level. The Proximo’s deputy editor, Thomas Hopkins, delves into GRIDSERVE Sustainable Energy Limited's groundbreaking £526 million project financing for EV charging points, which marks a potential turning point for the sector's project finance deal flow. The article explores how GRIDSERVE's financing addresses risk factors, enhances user experience, and integrates solar and battery assets to mitigate wholesale power price fluctuations, offering a glimpse into the future of sustainable and resilient EV charging networks. Read the full feature here and uncover Proximo's perspective on this topic: https://lnkd.in/d-bjfgKC   #Proximo #ProjectFinance #EVCharging #GreenInfrastructure #RenewableEnergy #ElectricMobility #CleanEnergy #ClimateActionNow #EnergyTransition

Now that more and more automakers are gearing up to launch a broad portfolio of #ElectricVehicles, the need for ubiquitous and reliable charging is more critical than ever. Investment by electric utilities can accelerate the deployment of fast chargers in particular, especially if regulators allow cost recovery for proactive infrastructure development based on planning. Contrary to the traditional reactionary manner in which the grid evolved, today's new carbon reduction and electrification goals have, “changed the rules” on utility spending, making costs to grow charging acceptable to many stakeholders, responded Philip Jones, Executive Director of the Alliance for Transportation Electrification (ATE). ATE issued in June 2023 a whitepaper advocating for a bigger role for utilities’ in charger deployment. Investments in utility distribution systems have become necessary and pivotal “market enablers” in this transition, said Jones. We invite you to read more about this important topic in Utility Dive at https://lnkd.in/ebCsSHiS.

The Zev Alliance has published papers on #charging infrastructure, #batteries, & the #zero-emission vehicle market. In this article, are exposed the current challenges of charging station installation for big vehicles like trucks. Read the full article to know more about the case study. https://lnkd.in/dSXqRAKm

If you are looking to deploy public EV charging infrastructure for medium- and heavy-duty vehicles, you may be eligible for up to $750,000 in funding per project via this funding lane. EnergIIZE (Energy Infrastructure Incentives for Zero-Emission) Commercial Vehicles is the nation’s first commercial vehicle fleet infrastructure incentive project. Funded by the California Energy Commission’s (CEC) Clean Transportation Program and implemented by CALSTART, EnergIIZE Commercial Vehicles provides incentives for zero-emission vehicle (ZEV) infrastructure equipment for medium- and heavy-duty (MDHD) battery-electric and hydrogen fuel cell vehicles operated and domiciled in California. #EVFleetCharging https://lnkd.in/gcFTVXwD

"There will be 30 million to 42 million electric vehicles on U.S. roads in 2030, requiring a rapid, widespread buildout of charging infrastructure that will be focused on homes and multi-family residencies, according to a new report from the National Renewable Energy Laboratory" #infrastructure #electricvehicles #charginginfrastructure #energy #electricity #energystorage #energytransition #energypolicy #resiliency #energycrisis #energysecurity

The transformation of U.S. transportation to electric vehicles (EV) requires a massive deployment of fast chargers that is being slowed by a debate over whether electric companies should own and operate charging facilities, analysts on both sides of the debate agree. There are reasons electric company ownership can benefit EV charging facility deployment, advocates said. A “unique” feature of electric company investment is “patient capital” that can be invested with a longer-term view, said Edison Electric Institute Senior Director of Electric Transportation Kellen Schefter. It can fill “gaps” where third parties see no value proposition, he added. And electric companies are “accountable under formal regulatory oversight,” Schefter said. Their “track record” of meeting regulatory standards for identifying and addressing reliability challenges is “a skillset that will carry over to EV charging infrastructure,” he added. Despite their differences, electric companies and charger providers are successfully collaborating in states where regulation requires it.

EVgo explains how good rate design encourages deployment of public charging https://zurl.co/PucY - EVgo #charging #renewables

Via Utility Dive: " 6 lessons from transportation electrification’s past to guide its future: We need to prepare for a future that looks very different from the present while learning from prior experiences deploying charging infrastructure and early utility efforts to design and implement customer EV programs. " #Energy #Utility #Utilities

Not sure that people have truly got their heads around the scale of the EV charging challenge, so I thought I'd spell it out in ballpark figures: - To meet our decarbonisation targets by 2050 the UK system has to accommodate connection of THREE THOUSAND additional EVs... EVERY DAY... for the next THIRTY YEARS. It is a mind-blowing challenge both in size and timescale. #evcharging #energytransition #electricvehicles