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Driving Integration Regulatory Responses to Electric Vehicle Growth

Sources:

Electricity Innovation Lab Rocky Mountain Institute

Authors:

Rachel Gold

Cara Goldenberg

The rapid growth of electric vehicle (EV) charging in the next decade will challenge traditional paradigms of regulation and policy in the electricity sector, according to the authors of this report. The complexity and dynamism of emerging EV industry trends are akin to those of other fast-changing high-tech sectors, with the potential for revolutionary change. According to the authors, regulators and policymakers alike will have to embrace new approaches that allow for experimentation and adaptation with new technologies, market mechanisms and institutional arrangements in order for EV growth to benefit rather than impair the grid. The report explores issues policymakers, especially state utility regulators, face in forming policy and regulation in this dynamic landscape of charging companies, aggregators, municipalities, utilities and auto manufacturers.