Advanced Energy Perspectives

Over the summer, headlines proclaimed the news that Tesla, the global leader in electric vehicles (EVs), had decided to locate its next U.S. factory in Austin. Recently, Tesla’s famed founder, Elon Musk, even announced that he would be moving to Texas himself. None of this should come as a surprise. Texas has long been a leader in energy of all sorts, including advanced energy technologies like wind and solar power, so it’s only natural to add EVs to the mix. "Everything's bigger in Texas, and that includes Tesla," said Gov. Greg Abbott in a video interview posted to Twitter. “Tesla is moving here because of the free market principles that allow it to come here and be an innovator without government dictates… Texas will be number one in energy, including clean energy.” By welcoming Tesla, Texas has earned a place at the forefront of the forthcoming electric transportation revolution – and a new analysis shows Tesla could be just the start.

Last summer, New York passed the Climate Leadership and Community Protection Act (CLCPA), which adopted the country’s most ambitious climate targets, including 100% carbon-free electricity by 2040 and economy-wide, net-zero carbon emissions by 2050. With transportation as New York’s largest emission sector, accounting for nearly one-third of the state’s greenhouse gas (GHG) emissions, transportation electrification is an absolute necessity for meeting those goals. Several years ago, New York set a goal of deploying 850,000 zero-emission vehicles by 2025. Now, thanks to a big new incentive program, the Empire State is going to get ready to charge up all those electric vehicles.

In 2018, the advanced transportation sector saw both the largest increase and the fastest growth (34%) in the U.S advanced energy market. Leading this growth was revenue from plug-in Electric Vehicles (EVs), mainly comprised of the light-duty market. Just as important is the burgeoning market of medium- and heavy-duty vehicles (MD/HDVs), which include the likes of school buses, city transit buses, delivery trucks, and garbage trucks. Medium- and heavy-duty EV adoption is expected to increase globally, reaching over 5 million vehicles on the road by 2030. Some analysts predict that half of the world’s municipal bus fleet will be electric by 2025. Get ready for EVs to go big!

Image provided by EnergyEfficiencyDay.org

This year’s Energy Efficiency Day (#EEDay2018) was designed to spotlight the impact of efficiency technologies and inspire companies, as well as the average person, to take action. That’s why AEE is supporting the national social media campaign on Oct. 5 and encouraging our members and partners to join us.