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The march towards an all-EV future hit a major roadblock. What went wrong?
(www.businessinsider.com)
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this post was submitted on 03 Jan 2024
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Technology
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For those not in the industry, "grid capacity" here doesn't refer to power generation, but power distribution. With renewables, generation is comparatively easy (storage notwithstanding). But getting the power where it needs to go is not. Right now, thanks to a grain-oriented steel squeeze, the lead time on transformers is longer than the commissioning time for an entire solar farm. Switchgear is also hard to get your hands on, especially with SF6 being phased out.
The good news is that these long lead times are caused by demand. Right now, utilities are racing to expand and reinforce the grid in preparation for the next 30 year's worth of EV demand, renewable storage/transmission, and distributed generation. Utilities are risk-averse by nature, and do not move without conviction, so it's rare and noteworthy to see this kind of industrial momentum.
Source: I design MV distribution equipment in the US.