Vehicle Electrification is on the rise all over the world and market forecasts predict an increase of their market share by 400% until 2020. The current grid infrastructure will have problems handling this growth. Especially, with the implementation of fast charging systems, grids have to be upgraded on a large scale in order to meet industry’s needs. On the one hand that process is extremely costly and on the other hand grid systems cannot expand fast enough. GILDEMEISTER energy solutions produces energy storage systems on vanadium redox flow basis that act like a buffer system and, as a consequence, can shave energy peaks and reduce network load that occur while loading vehicles with higher power.
This presentation will give an overview about vehicle electrification and the barriers arising due to the fast growth of this sector. Furthermore, it will explain how large stationary storage systems can contribute to grid stabilization and support new vehicle charging technologies.
In the presentation the following questions will be answered:
- How will the market for vehicle electrification develop?
- What are the charging options for electric vehicles today?
- What grid problems currently occur when loading vehicles?
- What role do energy storage systems play in the vehicle electrification development?