Electric cars

National Grid and Electric Cars

National Grid (NG.) have published a paper entitled “Future Energy Scenarios” which spells out the impact of future trends in energy consumption, and by implication how it might affect their business. For example, the forecast demand for electric cars might add 30% to peak electric power demand, thus requiring the equivalent of five Hinkley Point C nuclear plants. Even if people only charge their electric cars in off-peak periods, the additional demand could be very substantial. If you live in London, you ...