VICTORIA (NEWS 1130) – As more electric vehicles hit the road, British Columbia will need to increase its electricity generation.
A study out of the University of Victoria has found by 2055, up to 60 per cent more electricity generation capacity will be required to fuel electric cars.
But researchers say the cost of generating the extra electricity would be relatively cheap.
They found that the 60 per cent capacity boost would raise the average unit cost of electricity by only nine per cent due to availability of low-cost, renewable energy options.
And the costs would only rise by five per cent if at least half of drivers charged their vehicles at off-peak times.
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