Power sector accelerating e-mobility: Can utilities turn EVs into a grid asset?
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Power sector accelerating e-mobility: Can utilities turn EVs into a grid asset?

The result of a collaboration between EY and Eurelectric, this report addresses the anticipated surge in EV sales across Europe, where the number of EVs on the road is expected to jump from just above 3 million today to 130 million by 2035.

To fully understand the impact this many EVs will have on the electricity grid, the report analyses six charging cases and their impact on average and peak load. The report reveals that the grid will be able to support over 100 million EVs without diminishing its reliability. Once EV penetration reaches 50% on an urban distribution network, uncontrolled charging could lead to voltage deviations and affect the quality of power supply. This however can be addressed via both supplier and user managed charging. Ensuring this, DSOs will be the lynchpins of the e-mobility acceleration towards 2030 and beyond.

Key figures

  • Representing just 1% of the total 326 million vehicle parc in Europe today, the EV share is expected to grow to 65 million vehicles by 2030, and double to 130 million vehicles by 2035.
  • Today, there are over 360,000 public chargers in Europe. At least 65 million chargers will be needed by 2035.
  • 85% of those chargers are expected to be residential; 6% in the workplace, 4% will be public chargers and 5% at destinations.
  • €115bn cumulative investment is needed between 2022 and 2035.
  • EV penetration will see electricity demand in transport grow by 11% per year.

Download full report:


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