Expanding electric transportation into commercial and retail markets is a powerful, proactive opportunity for the electric power sector, according to a new EEI white paper. “Transportation Electrification: Utility Fleets Leading the Charge” encourages investor-owned electric utilities to devote at least 5 percent of annual fleet acquisition budgets to electric vehicles and technologies.
To help guide the effort, PG&E Corporation Chairman, CEO, and President Tony Earley and Portland General Electric CEO and President Jim Piro will co-chair the EEI Electric Transportation Task Force. The task force will increase the awareness, opportunities, and activities related to electrification within the utility industry; collaborate with automakers and other stakeholders; and educate the public at large about the benefits of electric vehicles and technologies.
Electrifying the transportation sector will enable utilities to support environmental goals, build customer satisfaction, reduce operating costs, and assure the future value of existing assets.
“Expanding the use of plug-in technologies is one of the most important opportunities we have as a country to continue diversifying our energy usage and to achieve our clean energy goals,” said Earley. The white paper is a roadmap for a long-term coordinated effort to help utilities reach these goals. For more on fleet electrification, click here