The movement to fully electrify our buildings and transportation sectors represents one of the best ways to decarbonize the American economy, but if we do not pursue the most cost-effective path, we could hit major potholes that slow down or derail our trek to net zero emissions.
With more and more electric vehicles on our roads every day, electricity demand is set to significantly grow, and not only that but higher peak demands could force trillions of dollars in grid infrastructure improvements. As we’ve seen with extreme weather leading to rolling blackouts just this past year, our electricity system even today is not equipped to handle increased electricity load, let alone what we expect from full scale electrification.
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Source: Utility Dive
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