Electric Vehicles
Policy support for electric vehicles (EVs) continues to grow across U.S. states as transportation electrification is a primary component of regulators’ strategies to meet clean energy and emissions reduction targets. Recent initiatives range from California’s electric truck mandate to Nevada’s vehicle emission standards to New Jersey’s EV ecosystem proposal.
In just the last three months, almost a dozen states have advanced measures to ramp up support for electric vehicles (EVs), reflecting the important role of transportation electrification in achieving clean energy goals. However, transportation electrification, similar to other clean energy sectors, faces uncertainty due to the COVID-19 pandemic and the rollback of federal fuel economy standards.
States are setting ambitious targets to grow the number of electric vehicles (EVs) on the road. More than half a dozen states, including Connecticut, North Carolina, Vermont, Minnesota, Pennsylvania, and Tennessee, have unveiled blueprints this year to reach the goals. EV roadmaps and action plans are helping states explore the role of utilities, regulators, and market participants in the evolving industry and develop the necessary regulatory guidance.
More than a dozen states have enacted measures or advanced programs over the last six months to boost electric vehicle (EV) usage and attract private investment in charging infrastructure. Growing concern about emissions and climate change is drawing increased attention to the transportation sector, the nation’s biggest polluter.
The transportation sector’s overwhelming reliance on higher-emitting fossil fuels combined with a federal retreat on climate change policy and fuel economy standards has made the widespread deployment of electric vehicles (EVs) one of the top priorities for states looking to achieve increasingly stringent emission cuts. Electric utilities, playing a central role in the shift away from gasoline-powered cars, are now rolling out of hundreds of millions of dollars in infrastructure investments and a grab bag of consumer incentives.
The continued growth in electric vehicle (EV) adoption has led state regulators to pay more attention to business models and rate designs that facilitate wider availability of charging infrastructure. Most recently, Pennsylvania took a big step towards innovative and dynamic pricing by clarifying that third party EV charging is not considered resale or redistribution of power. California is considering a utility proposal to replace demand charges with new subscription pricing, allowing customers to select the required amount of power for their stations. New York is analyzing the characteristics of charging systems to foster EV participation as a distributed resource. Iowa is examining business models for EV charging, while Illinois is exploring rate structures and charging practices to guide efficient integration of electric vehicles.
The smart grid evolution has unleashed opportunities for electric vehicles thanks to technologies that allow them to feed power back into the grid. Utilities and grid regulators are eyeing plug-ins as a flexible resource class helping address the intermittency of renewables and reduce peak power demand.
The recent surge in electric vehicles (EVs) highlights the crucial role of electric utilities in developing comprehensive charging networks, including public charging stations. As more EVs draw electricity from distribution systems, state regulators must balance reliability, cost-effectiveness, and utility planning.
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The recent surge in electric vehicles (EVs) highlights the crucial role of electric utilities in developing comprehensive charging networks, including public charging stations. As more EVs draw electricity from distribution systems, state regulators must balance reliability, cost-effectiveness, and utility planning.
California lawmakers have removed a $3 billion, 12-year electric vehicle (EV) funding plan from a bill aimed to provide EV rebates and incentives. Instead, the amended bill would require the California Air Resources Board (CARB) to study vehicle incentive programs. California, a leader in EV adoption, is being closely watched for regulatory actions that could shape policies in other states.
This content requires that you purchase additional access. The price is $99.00.
California lawmakers have removed a $3 billion, 12-year electric vehicle (EV) funding plan from a bill aimed to provide EV rebates and incentives. Instead, the amended bill would require the California Air Resources Board (CARB) to study vehicle incentive programs. California, a leader in EV adoption, is being closely watched for regulatory actions that could shape policies in other states.