Full Title: Buildings, Forklifts, and Automobiles: Insights on Utility Electrification Efforts and Opportunities
Author(s): Duncan Rotherham
Publisher(s): ICF
Publication Date: August 30, 2022
Full Text: Download Resource
Description (excerpt):
Electric vehicles (EVs), building heating technologies, and commercial and industrial equipment are quickly emerging as attractive electrification or fuel switching opportunities for utilities. These electric technologies have the potential to decrease customer costs, decrease greenhouse gas (GHG) and smog causing emissions, increase utility revenue, and benefit customers broadly. However, not all electrification of everything everywhere provides these beneficial outcomes.
The goal for utilities isn’t electrification. The goal is beneficial electrification.
This paper offers insights and considerations aimed at maximizing the benefits while mitigating the potential challenges of electrifying transportation, buildings, and commercial and industrial equipment. It also includes actionable recommendations for utilities to move ahead with beneficial electrification planning and implementation with the best likelihood of driving short term success and readiness for a broader mid- and longterm energy transition with key stakeholders.