⚡️The transition to electric vehicles requires a substantial extension of power grids globally.
🔌Renewable energy power plants need to be connected to the grid to support the transition.
📊The electric grid needs to be expanded at least 20% faster over the next decade to meet climate goals.
🛢️Hydrocarbons such as gasoline still play a significant role in the current energy landscape.
🚗The transition to electric vehicles is facing bureaucratic obstacles in obtaining licenses for grid connections.