Electric Vehicles: Are You Ready for the New Load?
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Electric Vehicles: Are You Ready for the New Load? APPA National Conference James Ellis New Orleans Senior Director Utility Solutions ChargePoint, Inc. June© 2018 18, ChargePoint, 2018 Inc. | Proprietary and Confidential | Do Not Distribute james ellis@chargepoint com Contents 1. Who is ChargePoint? 2. Utility EV Primer 3. Market Snapshot 4. Utility EV Readiness © 2018 ChargePoint, Inc. Who is ChargePoint? © 2018 ChargePoint, Inc. ChargePoint: The World’s Largest and Most Open Smart EV Charging Network Market Environmental Category Industry Superior Services Leadership Impact Leadership Recognition and Support + 5,000+ customers + Avoided >39 million + Founded 2007 + 24/7 driver support and + 50,000+ charging gallons of gas, + $300M Invested centralized station spots >124 million kg of + ~500 Employees monitoring CO and >131M kg + 800+ DC fast spots 2 + Partnering with major + Remote diagnosis, of GHG emissions autos, integrated repair and upgrade of + 939 million electric in-vehicle and stations miles driven on navigation systems + Preventative ChargePoint + Dedicated utility and maintenance programs Network policy teams © 2018 ChargePoint, Inc. 5 Our Mission: EV Charging, Everywhere Get everyone behind the wheel of an EV and give them charging wherever they go. Out of Town Home Work Around Town Convenient and connected charging for home, work, around town and out of town. © 2018 ChargePoint, Inc. 6 Stations for Every Situation Single Family Multi-Family, Commercial/Municipal, On-Route, Home Fleet Mixed Use Commercial Home CPF25 CT4000 CPE100 CPE200 CPE250 Express Plus Level 2 Level 2 Level 2 24kW 50kW 62.5kW 500kW Fast DC Chargers Ultra-fast DC Chargers © 2018 ChargePoint, Inc. 7 Leading the Way to a Better Fueling Network B2B B2C Commercial Home Driver Advocacy Charging SaaS Station Support Partners Charging Services Policy and Level 2 and Cloud-based station Reporting, analytics, Connecting the Networked Free 24/7 awareness Express DC management services daily support and EV ecosystem residential support, mobile programs to fast chargers ongoing coverage from OEMs to charging app, reporting promote EV autos to utilities integrates and exclusive adoption and beyond with other promotions charging activity 5 © 2018 ChargePoint, Inc. 8 ChargePoint Business Model EV Drivers Utilities Sells charging stations to Site Hosts Pay Site Hosts to charge Assist their customers Sells annual Cloud Services license fee (if applicable) in deploying charging Infrastructure Site Hosts Site Hosts Site Hosts Buy energy to be used as Buy charging stations Set driver pricing and access transportation fuel from Utilities and/or networked services policies to align with host from ChargePoint business and revenue goals © 2018 ChargePoint, Inc. 9 Comprehensive Management Solution for Station Owners, Drivers, and Stakeholders For the Stakeholder For the Station Owner For the Driver © 2018 ChargePoint, Inc. 10 Why Utilities Are Proactively Supporting EVs… + Overall load growth is flat to declining in many regions, putting upward pressure on rates + Transportation electrification is a rare win/win/win providing benefits for the utility, customers, and society + Opportunity to offer new products and services for customers as energy usage changes + Engagement helps provide visibility into unplanned load growth + EVs are a key element of the distributed energy future requiring new planning and integration processes to manage customer experience expectations + Potential for partial investment in charging infrastructure, leading to improved data, planning and load management + Establish smart charging habits today to support future wide scale adoption …but most utilities do not have EV Readiness Plans! © 2018 ChargePoint, Inc. 11 Elements of Utility EV Readiness Internal Call Center Employee Utility Planning & & Business & Fleet Champion Forecasting Processes Programs Regional Customer Policy Education Planning Programs Visibility into Vehicle Load EV & TOU Smart EV Load Grid Rates Charging Growth Integration © 2018 ChargePoint, Inc. 12 EVs Provide a Beneficial Load for the Grid + Smart EV load growth can provide many utility benefits including: • Increased system utilization • Flexible load • Smart-grid/micro-grid enabler • Support renewables integration • New customer touch point • Downward pressure on rates + As well as societal benefits: • Improved air quality • Reduced GHG emissions • Support local economic development Source: E3 (2017). “Cost-Benefit Analysis of Plug-in Electric Vehicle Adoption in • Improve energy security and resiliency the AEP Ohio Service Territory” © 2018 ChargePoint, Inc. 13 Where Are Vehicles Most Likely to Charge? 78% Home 16% Work 5% Public + 1% Driving Source: 2001 National Household Travel Survey; GM Data Analysis (Tate/Savagian) – SAE paper 2009-01-1311 © 2018 ChargePoint, Inc. 14 Energy Use Profile Depends on Use Case + Different use cases can provide different value to the grid + Profiles are aggregated loads from groups of customers for each use case • Meant to capture trends only, actual profiles vary by customer! • Scaling is arbitrary to emphasize relative trends © 2018 ChargePoint, Inc. 15 EV Charging Infrastructure 101 Miles Per Charger Charging Charger Charge Type Power Supply Hr Power Level Time Location Charge 120VAC Trickle Single 12A 1.4kW Level 1 (L1) 18+hr 5 Phase On-board 15A 3.3kW 8hr 12 Normal 240VAC Single Level 2 (L2) Phase 30A 6.6kW 4hr 25 480VAC DC Fast DC Fast 50kW Charge (DC Off-board <30min 200 3-phase L2) © 2018 ChargePoint, Inc. 16 EV Charging Station Connectors SAE J1772 SAE J17772 CHAdeMO Tesla (AC) CCS (DC) (DC) Connector Vehicle Inlet L1 & L2 DC L2 DC L2 L2 & SC © 2018 ChargePoint, Inc. 17 Plug-In Electric Vehicle (PEV) Terminology PHEV BEV EREV + Plug-in Hybrid + Battery Electric + Extended Range + Gas + Plug + Plug Only + Plug w/ onboard + Electric assist generator – gas back-up Mitsubishi Outlander Nissan Leaf © 2018 ChargePoint, Inc. Chevy Volt 18 Market data: MarketThe numbersData speak for themselves The Numbers Speak for Themselves © 2018 ChargePoint, Inc. EV Models in USA Plug-In Hybrid EV PHEV Toyota Prius Prime Chevy Volt Toyota Prius Plug-in Cadillac ELR Mercedez S 550 BMW 740e Chrysler Pacifica Plug-In Ford Fusion Energi BMW X5 xDrive40e Ford C-Max Energi Volvo XC90 Plug-In Models BMW 330e Hyundai Sonata Plug-In BMW i8 Porsche Panamera S E Porsche Cayenne S E Audi A3 e-tron Battery EV 34+ currently available BEV with many more coming in 2018 Toyota Rav 4 EV Honda Fit smart EV Ford Focus Electric Fiat 500 E BEV with DC Fast Charge Chevy Bolt EV Nissan LEAF BMW i3 Tesla Model S Tesla Model X VW e-Golf Chevy Spark Kia Soul EV Tesla Model 3 Mercedes B Class Mitsubishi i-MiEV Hyundai Ioniq Electric © 2018 ChargePoint, Inc. 2018 All Electric (BEV) Landscape Tesla Model 3 Nissan Leaf Smart fortwo Chevrolet Bolt Hyundai Kona coming soon Volkswagon eGolf Tesla Model S Tesla Model X Jaguar I Pace Audi e tron Quattro coming soon coming soon BEV Chevrolet Spark Kia Soul Fiat 500e Lucid Air Porsche Mission e coming soon coming soon © 2018 ChargePoint, Inc. 21 2018 Plug in Hybrid (PHEV) Landscape Chevrolet Volt Toyota Prius Toyota Prius BMW i8 Honda Clarity* Volvo S90 T8 BMW 330e Subaru Viziv Prime Plug In iperformance Land Rover BMW i3 Ford Fusion Energi Audi A3 etron Ford C-Max Hyundai Ioniq* Mercedes Benz BMW 740e Range Rover Energi c350e iperformance Sport P400e PHEV BMW X5 40e Porsche Cayenne Mini Cooper Porsche Panamera Kia Optima Chrysler Pacifica Mitsubishi XDrive SE Hybrid Countryman SE Hybrid Outlander Ford Focus Volvo XC90 T8 Hyundai Sonata Volvo X60 T8 Kia Niro* Cadillac CT6 Karma Revero © 2018 ChargePoint, Inc. * Available as PHE and BEV 22 EV Trends + Battery costs are decreasing quickly + All electric range increasing • Chevy Volt 2nd Generation jumps from 38 to 50+ miles • Several new BEVs will have 200+ miles of range • Battery costs continue to plummet; Tesla’s Gigafactory ramping up + EV model selection is increasing + Ultra-fast DCFC now on the horizon • Many news BEVs now likely to include 100+ kW charging as standard (Level 3) • Automakers a talking about 800+ volt, 300+ kW DCFC charging capability + Automaker Commitments to electrification © 2018 ChargePoint, Inc. 23 EV Adoption is Reaching an Inflection Point + By 2040, 54% of new car sales worldwide will be electric Source: BNEF © 2018 ChargePoint, Inc. 24 EV Forecast + 5 million EVs on the road by 2024 + Every hybrid will soon come with a plug EV Forecast 2016-2024 (US) 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 - 2016 2017 2018 2019 2020 2021 2022 2023 2024 EV Sales Cumulative EV's Source: Navigant Research © 2018 ChargePoint, Inc. 25 EV Penetration + By 2024, 4.4% of cars are expected to be EVs. Percent of Light Duty Vehicles Sales that are Electric 5.00% 4.50% 4.00% 3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 2016 2017 2018 2019 2020 2021 2022 2023 2024 Source: Navigant Research © 2018 ChargePoint, Inc. 26 US EV Sales By Year 864,000+ EV Sales by Year 250000 250K estimated 200000 150000 100000 50000 0 2011 2012 2013 2014 2015 2016 2017 2018 Total EVs 18,471 53,378 97,861 12,2546 11,5312 158,121 199,826 99,408 Source: Baum Already 99,408 through © 2018 ChargePoint, Inc. May 2018 27 EVs on Threshold of Mass Market Adoption $30K Price Point & 200 Mile Range Critical Cost & Performance Thresholds 200 Mile-Range BEV Pricing and Buyers’ Willingness to Pay (‘000 dollars, %) 2011–2030 Availability of ~200 mile Model 3, Bolt, LEAF & others in 2018 moves the BEV into mass market Source: Bloomberg New Energy Finance © 2018 ChargePoint, Inc. 28 It’s Happening Already Range Price* Availability Model 3 215 miles $35K Now Chevy Bolt 238 miles $37.5K Now © 2018 ChargePoint, Inc. *Federal and other incentives may drive prices lower 29 Top Ten EV/PHEV States Rank State Q4'17 1 California 333,660 2 Washington 29,895 3 Florida 27,693 4 New York 25,823 5 Texas 25,209 6 Georgia 18,837 7 Oregon 15,822 8 Illinois 15,596 9 New Jersey 14,741 10 Michigan 14,702 30 © 2018 ChargePoint, Inc.