UK regulator to lower grid connection costs for EV charging – One of the major barriers to installing more electric vehicle chargers along the UK’s main highways. Ofgem’s promise will help motorway services and local authorities installing hubs for electric car users. Ofgem’s electric vehicle strategy announced on Saturday promised to reduce the cost of connecting “large power users” to the local grid, such as operators of “reinforced” charging stations. Regulators have proposed that the bill be borne by the local power grid operator. The cost will later be recovered by the network charges of the Consumer Energy Bill.
FT 3rd Sept 2021 read more »
Ofgem has sketched out its vision for how it plans to keep the grid balanced and household bills down as it works to accelerate the number of electric vehicle (EV) charge points around the country in preparation for the phase out of new fossil fuel vehicles from 2030. Publishing the strategy this morning, the energy regulator confirmed it planned to allocate half of the £300m budget announced last May on developing rapid charge points, cabling, substations, and other infrastructure to service the 14 million EVs that are expected to be on British roads by 2030. Ofgem also said it would move to reduce the cost of installation for charge points on parts of the grid with stretched capacity, confirming that it was considering proposals which would no longer charge large electricity users – such as EV charging depots – for the cost of reinforcing the grid, and instead recoup the costs through network charges paid by all users of the distribution system. Launching the strategy at the Fully Charged Live event in Farnborough, Ofgem’s director of strategy and decarbonisation Neil Kenward said the proposals would unlock benefits for consumers and the environment.
Business Green 4th Sept 2021 read more »