Britain has reportedly set a goal of increasing the number of electric cars in the region to 30 million by 2040, backed by government policies to phase out the sales of polluting vehicles.
As per reports, the goal of the nation to reach net-zero emissions by the middle of the 21st century can be potentially achieved under 3 out of 4 scenarios that were modeled by the Electricity System Operator unit of National Grid Plc.
National Grid has reportedly stated that the emission from the power sector will become negative by 2033 as renewable generation as well as carbon capture & storage technology can effectively reduce the amount of carbon dioxide emissions. Additionally, the levels of burning natural gas without the emission-removing technology will be reduced by 2038.
The legally binding net-zero emissions target set by the government can be technically made possible by the industry. There have been rising concerns regarding the sales of electric cars without adequate grid improvements and planning, which can adversely impact the network operators.
Mark Herring, National Grid ESO’s head of strategy, has stated that the company is anticipating a considerable rise in renewable energy generation as well as an expansion of the installed offshore wind energy capacity. There has also been a rapid adoption of domestic EVs and high investments in hydrogen & carbon capture technologies.
A research organization has reportedly forecasted that 17 million electric vehicles will be available on the road in the United Kingdom in the next 20 years.
National Grid further added that up to 80% of households will be smart charging the EVs by 2050, during which the power demand and electricity market prices will be declined. Moreover, nearly 45% of households will be capable of offering a balancing capability to the UK grid, producing around 38-GW of flexible electricity.
Source credit:
https://financialpost.com/pmn/business-pmn/u-k-grid-planning-for-30-million-electric-cars-by-2040