6/12/2019

Power Squeeze Threatens Sweden’s EV Market Growth

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Sweden’s push to put millions of electric cars on the road is overwhelming the ability of the country’s electric grid to charge them, says Bloomberg News.

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Sweden’s push to put millions of electric cars on the road is overwhelming the ability of the country’s electric grid to charge them, says Bloomberg News.

The news service cites warnings from Power Circle AB, a Swedish energy industry group. The organization estimates that Sweden needs to add 2.5 million hybrids, plug-ins and battery-powered vehicles in 10 years to become carbon neutral by 2045.

Last year, sales of electrified vehicles in the country totaled a relatively modest 29,000 units, up more than 40% from the volume in 2017. But Power Circle says the power demands to charge electrified cars are already straining the capacity of local grids in Stockholm and other cities.

The industry group says the supply squeeze could be eased by offering incentives to EV owners to pump electricity from their vehicles back into the grid during morning and afternoon peaks in demand. With such a scheme, putting more EVs on the road would reduce the demand on capacity rather than making it worse.