VICTORIAN ELECTRIC VEHICLE TRIAL RELEASES MID_TERM REPORT
The Comprehensive 152 page report details the benefits of EV adoption both generally and for Victoria, and the use of the concept "EV ecosystem" in the trial design. It also identified the expected take-off point for adoption of the technology and past examples of the explosive growth potential of new technology. The document contains a wealth of information about the perception of and use of the EVs by Households, businesses and fleets as well as analysis of the effects of charging infrastructure on vehicle utilisation.
“Electric vehicles are fun to drive and cheap to run. They support local jobs,and create zero emissions when run on renewable energy. By 2040, the state may be over $20 billion better off as a result of electric vehicle adoption.”
This is part of the introduction to the Victorian Government EV trial mid- term report, described as one of the most comprehensive trials undertaken into Electric Vehicle adoption. The report summary goes on to say.
"For households, the technology will work now. During the trial most households used the electric vehicles as their main transport choice, without having to change anything about how or where they travelled …."
Since 2010 Australian electric vehicle prices have dropped by over 30 per cent, and this just the beginning….By 2020, the electric vehicle operating cost advantage is expected to outweigh the purchase price penalty for most Victorian drivers.”
There was also analysis of real life charging events resulting in the conclusion; (That) “This outcome suggests that smart grid, or other charge management technologies, will be effective in the management of EV charging so as to avoid costly network investments.”
The final part of the report investigates Environmental , social and economic impacts and issues and opportunities.
“Under all scenarios modelled, the EV market is both economically and financially strong…Over the 30-year evaluation period, economic benefits to the State range from $1.8 billion to $23.4 billion, mostly as savings to households and businesses…the modelling does not take into account the potentially significant economic contributions from electric vehicle market goods or service provision, electricity generation for EV operation, or from local design and/or production of EV technology.”