If all vehicles in British Columbia were powered by electricity instead of liquid fuels by 2055, BC would need to more than double its electricity generation capacity to meet forecasted energy demand—and the move could prove surprisingly cost-effective.
The finding comes from a team of University of Victoria researchers with the Pacific Institute for Climate Solutions (PICS), and will be published in the November issue of Applied Energy.
By 2055, BC will need to increase its electrical production capacity from a 2015 baseline of 15.6 gigawatts (GW) to 23 GW to meet forecast economic and population growth. Factor in all-electric road transportation as well, and up to 60 per cent additional capacity will be needed. This would more than double BC’s electricity generation capacity to 37 GW.
Surprisingly, the cost of generating the extra electricity would be relatively cheap.
Continue reading at University of Victoria.
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