This is an interesting, high level view of National Grid's future energy predictions for 2050. Some very interesting views on the increase in decentralised energy, but interestingly, also more myth busting on the impact of rapid rise in EVs. Unlike Daily Mail and Telegraph predictions, we won't need 435 new nuclear power plants (Yes, I'm exaggerating for effect). But a worst case of 8GW for 36 million EVs. Smart charging, smart systems, and decentralised energy, featuring energy storage, behind and infront of the meter. Areas that we at Hyperion have been leading in (talent acquisition) for the last four years.
36 million The number of electric vehicles that could be on the road by 2040. This is essentially double the number which National Grid forecasted last year as the pace of change in transport accelerates. The government’s ban on the sale of new conventional vehicles by 2040 is also pointed to, but with the government now facing mounting calls to bring that date forward, could that figure grow once again by next year’s document?