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Jeff Stanfield and Mark Watson

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S&P Global: Analysis: Oil Price War Increases Power Utilities' Uncertainty over EV Infrastructure Plans

Posted by Jeff Stanfield and Mark Watson on Mar 12, 2020

S&P Global covered the passage of Florida's EV infrastructure bill (as part of a larger piece on uncertainty around recent oil prices) quoting AEE's Dylan Reed. Read excerpts below and the entire S&P Global piece here. 

As states such as Florida adopt electric vehicle infrastructure legislation, electric utilities face uncertainty about how much power demand could be affected, in light of the recent crash in oil prices, analysts said Thursday. On Wednesday, Florida's GOP-controlled House of Representatives approved Senate Bill 7018, "Essential State Infrastructure" for the signature of Governor Ron DeSantis, a Republican. Support in both chambers was bipartisan.

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Topics: AEE In The News