This executive summary is part of a global project by the Regulatory Assistance Project (RAP) studying the economic and environmental benefits of deploying smart electric vehicle (EV) charging in specific geographies. The study identifies those benefits as avoided system costs and avoided emissions, and shows how system costs can be reduced based on four use cases in selected areas within the four largest global EV markets: China, the United States, Europe and India.
China now has the largest EV fleet in the world and, though elements of managed charging have been included in policy documents and long-term plans, detailed implementation requires further motivation. To support the ongoing efforts to realize the potential of managed charging, our project team quantified the benefits of smart charging to the grid in Zhejiang Province. Zhejiang, one of the hottest EV hubs in China, is home to almost 2 million EVs. RAP published policy briefs (in Chinese) providing suggestions for improving policy to expedite the rollout of managed charging in three areas:
- Integrated EV and power sector co-planning.
- Time of use rate design.
- Leverage automatic charging control to unlock residential flexibility.
Smoothing the way is an executive summary in English, providing an overview of the three briefs and RAP’s recommendations.
Detailed information on the modelling results and methods of this project may be found on our website, in Chinese and in English.