Electric Transportation November 2017 Lang Reynolds Electric - PowerPoint PPT Presentation

Duke Energy Electric Transportation November 2017 Lang Reynolds – Electric Transportation Manager

Duke Energy - Electric Transportation Electric Transportation = Economic Development  Fuel and maintenance cost savings remain in-state.  Improved air quality facilitates continued industrial recruitment.  Automakers are expanding electric drive manufacturing and supply chain.  Downward rate pressure preserves attractive electricity costs. 2

Electric Transportation Market – Not Just EVs  Road  Non-Road 3

North Carolina – EV Sales Trends 8,000 1.00% NC Cumulative EV Registrations EV Market Share 7,416 0.90% 7,000 0.86% 0.80% 6,000 0.70% 0.60% 5,000 0.50% 4,000 0.40% 0.37% 3,000 0.30% 0.20% 2,000 0.10% 0.09% 1,000 0.00% 2011 2012 2013 2014 2015 2016 - NC National Average 2011 2012 2013 2014 2015 2016 2017 YTD 4

Future Growth and Grid Impacts Current Forecast: Current Forecast: 2030 Peak Load Impact Cumulative DEC+DEP EV Registrations (Unmanaged) 350,000 Summer (HE17) DEC 79 MW 290,770 DEP 44 MW 300,000 250,000 Winter (HE08) DEC 11 MW DEP 6 MW 200,000 150,000 100,000 50,000 - 5 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

Grid Impacts of Electric Transportation  Managed charging loads are key to maximize grid benefits of EV charging. Unmanaged Managed Source: ChargeCarolinas Data Source: Pacific Gas & Electric

Duke Energy Initiatives Past and Present  ChargeCarolinas: 2012-2013 DE installed +100 residential L2 EV charging stations.  EEI Fleet Electrification Commitment: 5% of all fleet purchases must be plug-in electric (DE fleet >10,000 vehicles). 100% of new sedans are now plug-in electric.  Electric Transportation Infrastructure Grants (NSR Settlement). $3.0M total to be distributed 2017-2021 $1.0M - 200 public L2 EV charging stations. $1.5M - Truck Stop Electrification and Electric Transport Refrigeration Unit deployment. $0.5M – Electric transit bus charging infrastructure. 7

NC EV Charging Infrastructure Grants 8

Future Considerations  Electrification of transportation is a global trend.  North Carolina lags other US states in adoption of electric transportation.  No adverse grid impacts have been experienced from EV adoption; none are expected in the near future.  Current regulatory environment does not favor encouraging adoption. - Found Revenue Clause 9

Appendix 10

Automaker OEM Electrification Announcements 11 Source: EPRI

Aggressive Global Commitment to Transportation Pollution 12

Barriers to Adoption Awareness Infrastructure Cost 13