Rocky Mountain Institute: From Gas to Grid

The world doesn’t need any more cost-benefit analyses; they’ve already been done, and they show that vehicle electrification is overwhelmingly beneficial for society as a whole–even for nondrivers, according to EV advocate Rocky Mountain Institute’s latest report.

The question is not whether people will buy electric vehicles, according to RMI, but where to build chargers, who should own them and how to make it all a sustainable business.

Observers should not allow the fact that EV  sales in 2016 were only about 1 percent of total light duty vehicle sales in the U.S. to lull them into a false sense of complacency, RMI’s authors contend. There could be 2.9 million EVs on the road in the U.S. within five years, bringing over 11,000 GWh of load to the U.S. power grid, or about $1.5 billion in annual electricity sales.

Previous articleFee-Free Credit and Debit Cards: Selecting a Payment Processing Partner
Next articleABB Enterprise Software

No posts to display