Electric vehicles: an under-utilised asset that will save the grid

clock • 4 min read

EV will be a blessing, not a curse, to the UK's electricity grid - as long as government handles the rollout right, argues Ovo's Tom Pakenham

We are on the verge of an electric vehicle revolution. That's been the common refrain in recent months in the media. If many predictions prove correct, there could be one million electric vehicles on UK...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Electric Car Grant: The 'spark' the EV market needs or 'a waste of taxpayers' money'?

Electric Car Grant: The 'spark' the EV market needs or 'a waste of taxpayers' money'?

Auto industry leaders, campaigners, and climate experts react to the launch of a revamped grant scheme offering motorists up to £3,750 off selected EVs

BusinessGreen staff
clock 15 July 2025 • 10 min read
Osprey Charging secures £110m multi-bank funding package

Osprey Charging secures £110m multi-bank funding package

New debt facilities include funding from government-backed National Wealth Fund

James Murray
clock 15 July 2025 • 2 min read
'A vital boost': Government revives electric car grant scheme with new £650m fund

'A vital boost': Government revives electric car grant scheme with new £650m fund

Discounted EVs expected at dealerships 'within weeks', after government launches revamped grant scheme offering motorists up to £3,750 off approved electric vehicle models

Stuart Stone
clock 14 July 2025 • 7 min read