Almost three-quarters (72%) of distribution executives believe electric vehicle (EV) growth globally will be more rapid than the speed at which the necessary grid capacity can be built to accommodate them, states a report by consultancy Accenture.

electrical grids silhouetted by a sunset
Electrical grids in Iraq, January 2021. (Photo by Asaad Niazi/ AFP via Getty Images)

The research, surveying 250 such executives, argues electricity grids are ill-prepared to respond to structural changes in energy generation and consumption caused by the deployment of low-carbon technologies.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Distributed generation, more active customers and widespread electrification will all potentially place strain on grids.

Low-carbon technologies such as EVs and solar PV will “exist in clusters” largely dictated by demographics. This could lead to localised stress on the network, adds the report.

The development of a regulatory framework would help to boost future network resilience, the report states. Eighty per cent of respondents believe regulators are waiting for distribution businesses to propose models that incentivise flexibility.