The role of destination charging in achieving 2.3 Million Charge Points by 2030

Synopsis

• Understanding the scale of infrastructure expansion required and the critical role of private businesses, including service stations, in achieving this target.

• Assessing the financial opportunity, with estimates that a medium-sized business charging at 49 pence/kWh could see first-year revenue of £23,543 against costs of £20,328, leading to significant profits from the second year onwards.
• Delving into the regulatory landscape and the incentives designed to motivate private businesses to invest in destination and workplace charging infrastructure.