Number of public EV chargepoints needed is set to skyrocket, driven by the UK's ban on new petrol + diesel cars and vans by 2030 (and all hybrids by 2035).
Various forecasts show 300,000 - 500,000 chargepoints required by 2030, compared to ~35,000 today.
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During the 2020s, the UK must install public EV chargepoints 5 times faster than the current rate:
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We found 5⃣ barriers that justify further Government intervention:
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Ministers must ensure that driving an EV is as convenient and as affordable as possible.
This leads to 5⃣ key principles:
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Recommendation 1⃣
In underserved areas, the Government should run competitive tenders for chargepoints.
Tenders should offer long-term contracts (10-15 years), structured as a minimum revenue guarantee.
Build on Government's successful offshore wind procurement.
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Recommendation 2⃣
Fund dedicated "Chargepoint Teams" inside Local Authorities for the next 4 years.
Chargepoint Teams would coordinate resources and work to remove bottlenecks, making it easier for operators to install chargepoints.
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Recommendation 3⃣
At key locations, run tenders for high-powered chargepoints and grid upgrades.
Harnesses competition and innovation to find cost-effective solutions.
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Recommendation 4⃣
Where chargepoints receive public support, cap prices.
Protects customers from high prices where operators have local monopolies.
Particular risk for slow/overnight chargepoints in residential areas.
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Recommendation 5⃣
Where chargepoints receive public support, they must be easy to use and reliable.
Enforce through terms in long-term contracts, as an alternative to market-wide regulation.
10/10 END
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More detail on market coupling (trading on elec interconnectors). Aim to implement new arrangements on price coupling by April'22 (presumably through new market coupling platform)
Implies some loss of efficiency in short term.
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Looks like arrangements for gas trading will remain relatively similar to today, with UK industry retaining access to PRISMA platform for trading gas capacity.
Not much detail yet but looks like something on preserving efficient trading on interconnectors, preserving cooperation on nuclear power, and new mechanisms to cooperate on renewables, which is particularly important for offshore wind in the North Sea.
EU view on the consequences of Brexit for UK-EU energy trade.
UK outside of EU IEM, EU ETS and Euratom (as we knew)