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Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.


TSXV:DM - Post by User

Post by RazeKreationson Jul 30, 2023 4:29pm
195 Views
Post# 35563922

How Many Charging Stations Will Be Needed in 2030?

How Many Charging Stations Will Be Needed in 2030?Extracted fro CleanTechnica Clean Transport How Many Charging Stations Will Be Needed in 2030? A National Laboratory Figured It Out. ByJennifer Sensiba Published2 days ago Infrastructure is one of the biggest challenges for EVs right now. The cost of buying an EV is pretty close to what the average sales price is for an ICE vehicle (and cheaper once you consider EV cost savings), and the used market is shaping up to provide electric cars at nearly all income levels. There will be challenges to increasing production to serve more of the overall car market with EVs, but the problems are largely known and just need work to conquer them. Infrastructure is a problem with more elusive solutions. Tesla seems to have a good recipe figured out, and its expanding at record speed, but we dont know exactly how many stations will be needed for future demand. This is especially up in the air as other automakers have struck deals for their future vehicles to charge on Teslas network. And other charging efforts? Theyre facing all sorts of challenges in terms of availability, geographic spread, reliability, and future funding. Its going to be an epic challenge to come up with the resources to tackle the problem (and actually get it right), but the question of how big of a problem this will be has been unanswered. So, the industry has been operating without a goal, without a North Star to navigate by. But, a recent report by the National Renewable Energy Laboratory (NREL) sheds some light on this. In this article, Im going to summarize key findings, share some of the deeper insights in the report, and finally explore one bombshell the report casually drops. The Reports Overall Findings The 2030 National Charging Network study ties together two of the administrations priorities: building a national EV charging network and working toward the 2030 goal for the majority of all new car sales to be battery-electric vehicles, said Gabe Klein, executive director of the Joint Office. Its a framework for what is needed nationally, in terms of the types of charging required, their number, and where those chargers should go. Lets start with some of the reports key findings. The study determined that to support 33 million EVs by 2030, the United States is going to need approximately: 182,000 publicly accessible fast charging ports to enable long-distance travel and ride-hailing electrification and to support those who lack access to residential charging. 1 million Level 2 charging ports at publicly accessible locationsincluding high-density neighborhoods, office buildings, and retail outlets. 26 million Level 1 and Level 2 charging ports at privately accessible locationsincluding single-family homes, multifamily properties, and workplaces. NREL also shared a useful graphic that compares this challenge to a tree: The great news is that now we have detailed estimates of what infrastructure will be needed, Wood continued. American drivers interest in electric vehicles is accelerating year over year, and were already seeing the market respond with new investments to meet that rising demand. Key players in this spacefrom automakers, charging providers, local governments, and utility companies to retailers, real estate developers, and private firmscan all see this as motivation to keep going, with insights from the 2030 National Charging Network report to help them target the needed infrastructure. Deeper Insights When I went to look for the studys deeper information (beyond the press release), I first accidentally downloaded a bunch of Excel spreadsheets. I could see that they had put a lot of thought into different EV adoption rates, charging scenarios (how much charging happens at home?), and what the needs of each state would be in these situations. But, endless spreadsheets are a lot of work to dig into and find important things people in the industry need to know. Fortunately, I had just clicked on the wrong link, and was able to find a more coherent presentation in the form of a PDF (which you can find here). One big thing the report acknowledges right away is the importance of home charging. Its often said that 90% of EV charging happens at home, but this presents an interesting conundrum. People dont want to buy 90% of a car, so the purchasing decision depends on that final 10% of charging. This is what makes fast charging such big news while home and business L2 charging is really the most important thing to get right. Fast charging also isnt just for traveling long distances. There are many people who arent going to be able to access reliable home charging, so most of the Level 3 charging (65% of it) is going to need to be used for people to charge away from home on a reasonable timeframe. The remainder of the L3 fast charging needs will be for professional drivers (21%), followed by long-distance driving (only 14% of L3 needs). So, what we typically think about (interstate charging) is only a small part of the effort, but an extremely important one nonetheless. Sadly, they dont think were quite there yet in terms of announced charging spending, but that were on the right track at least. The estimated spending to get charging right is somewhere between $31 and $55 billion. Only an estimated $23.7 billion has been announced by governments, private charging providers, automakers, etc. (as of March 2023). Since that time, seven automakers have announced plans for an additional 30,000 rapid chargers, which is an investment of at least $6 billion (assuming $200,000 per station), so the gap in funding seems to be rapidly closing! But, getting the overall spending correct doesnt mean well get it right. The report makes it clear that spending and strategy will differ from place to place and will depend on how the EV transition unfolds. Some places will adopt EVs faster than others, and how many EVs each state and region, as well as each city and rural county, ends up needing to support will differ based on many factors. In the end, three things will be needed: The right amount of charging (number of plugs) Charging installed in the right places Charging with the right amount of power (aka right-speeding, a reference to rightsizing). One Big Doozie: Will Long-Distance DCFC Networks Ever Be Profitable? Page 47 of the report drops a bombshell that gets buried in all of the data: that its going to be difficult to make money operating national DC fast charging networks. Why? Because having enough stations to support long-distance drives for 50% EV adoption will still leave many rural stations underutilized even during peak charging times. Part of this challenge will be minimizing spending on these low-utilization routes, but the problem is all the dead weight that swallows up massive spending. It will probably be enough spending to make it hard for the rest of the network (high-utilization freeway routes, urban charging) to get enough revenue together to carry. But, thats a challenge for another day. Just knowing how many stations will be needed and how much it will cost is a good start!
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