EV Charging: Enhancing Grid Resilience and Flexibility
US-based utilities have recognized the growing demand from electric vehicles (EVs) and developed strategies to enhance grid performance. The integration of EV charging not only supports reliable energy distribution but also shifts demand to off-peak hours, reducing costs for all consumers. With the opportunities presented by vehicle-to-grid (V2G) technology and a proactive approach to energy management, electricity demand can be balanced and enhanced in a sustainable manner. Furthermore, EV customers have contributed over $3.12 billion in net revenue, which benefits all utility customers by lowering electric rates.