Super interesting article to read through from Energy News Network. Here's the crux of the issue. Electric vehicle charging, in particular and more specifically high speed fast charging is a sporadic event, for the most part charging units are not in use, but then when a car does plug in there is a surge in demand for electricity at pretty high power. Utilities, not every State, but for example in Massachusetts have demand charges, where the cost of energy delivered is based upon the highest amount of energy used over a short time frame. Needless to say, this hits exactly the sweet spot of how fast charging works. You plug your car in, for a relatively short period of time (20 minutes) and have high powered electrons pumped in to your battery, so you're going to be paying a high price for that electricity. Needless to say, to make the economics of EV charging work, this is something that needs to be addressed. Electric vehicles are becoming much more popular, every auto manufacturer is making them and getting them on the road over the next few years, we need to figure out how to make the process of charging while on the road affordable.
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