This whitepaper discusses the problem of charging electric vehicles, benefits of a hybrid fueling station, and outlines the vision and model for electric energy stations of the future
With increasing public demand for a low carbon future and aggressive plans by automobile manufacturers (automakers) to advance the electric vehicle, oil and gas producers are facing an uncertain future concerning motor fuel demand.
Electric vehicles have the strong potential to displace the traditional combustion engine. This is evident by the increasing public adoption, diversification, and proliferation of electric vehicle offerings. Electric vehicles are one of the most significant market disruptors the automobile industry has seen since its invention in the 1880’s. A rapid evolution is underway, and it could leave gas stations a distant memory similar to video rental stores and telephone booths.
A solution to this problem is the hybrid fueling station, wherein current gas stations evolve into a hybrid station of technologies to support charging electric vehicles. The integration of conventional/petroleum vehicle fueling and electric vehicle powering technology combined with existing infrastructure provides oil and gas companies and gas station operators an opportunity to capitalize on a rapidly developing market. Traditional gas stations can evolve into a green modern energy infrastructure that supports increased energy efficiency and a decentralized power grid. Hybrid fueling stations are a transitional step in the progression to full electric vehicle charging stations and storage facilities.
In addition, hybrid fueling stations provide benefits to automakers, consumers, and the environment with easy to access power for electric vehicles, removing the current challenge of “range anxiety” (fear of running out of power before reaching another charging station), and contributing to a lower carbon future while considering the full lifecycle environmental impact.
This whitepaper discusses the problem of charging electric vehicles, benefits of a hybrid fueling station, and outlines the vision and model for electric energy stations of the future.
About the Author
Victor Tam is a vice president and regional business leader for our Oil & Gas business in western Canada. A mechanical engineer with over 25 years of industry-relevant experience, he dedicates himself to the professional development of his staff and to helping his team to accomplish goals efficiently.More Content by Victor Tam