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RENEWABLES

EVs to challenge utilities

ELECTRIC vehicles displacing 1.8 million barrels of oil demand globally by 2035 and increasing amounts of intermittent renewable energy will make life tough for utilities challenged by fast-charging and local distribution grid infrastructure, Wood Mackenzie says.

Anthony Barich
EVs to challenge utilities

The Singapore-headquartered oil and gas consultancy, which is getting more into renewables analysis, said those factors would throw up significant challenges even at moderate levels of EV and renewables...

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