Electric vehicles Energy

Electric Vehicles, Federal Investment, and Building Electrification are the top electrification policy wins in the United States for 2021

In 2021, authorities, utilities, and corporations in the United States accelerated electrification policies by leveraging rapidly declining technological costs to extend electric transportation and appliance alternatives for customers.

The answer to reducing greenhouse gases and lowering air pollution from 3 of the most difficult to decarbonize economic sectors is “electrifying everything” by replacing fossil-fueled buildings, vehicles, and businesses with technologies that operate on clean energy. It’s also a wise strategy to prevent locking in further emissions while simultaneously shielding consumers from uncertain fossil fuel prices.

In order to meet federal and state emission reduction targets and prevent an even more dangerous climate future from occurring, every novel fossil-fueled vehicle, household, or industrial operation must make the switch to clean electrified technology as quickly as feasible.

The Biden administration proposes massive federal spending on electricity.

The Infrastructure Investment and Jobs Act (IIJA), which was enacted by Congress and inked into law by President Biden in November, made significant investments in transportation and building electrification. The IIJA has committed $7.5 billion to the construction of a nationwide EV (electric vehicle) charging station network, with a focus on rural regions, low- as well as moderate-income locale, and locations with a significant proportion of multi-unit housing. The legislation also includes $5 billion for electric school as well as public mass transit buses, $3 billion to broaden domestic battery manufacturing and the recycling infrastructure while researching the use of used electric vehicle batteries for the grid energy storage, and over $4.5 billion in the energy efficiency financing for schools, homes, and communities.

By 2035, GM plans to phase out internal combustion engines in vehicles and SUVs.

Government policy typically aids corporate investment by ensuring market stability, and GM appears to be re-routing their strategy to align with increased consumer interest in EVs as well as federal and state policies which encourage the deployment of more EVs.

The historic American automaker committed to stopping producing gasoline-propelled passenger vans, cars, and SUVs by the year 2035, despite supporting President Trump’s proposed rollback of mandatory fuel efficiency regulations. General Motors plans to invest $27 billion in electric vehicles by 2025, exceeding its investment in internal combustion engines, and will eventually produce over 30 EV models on its way to 40% electric vehicles sales by the year 2025. GM also aims to install 2,700 electric vehicle chargers across the country, all of which will be fueled entirely by renewable energy.

Several utilities are planning a coast-to-coast electric vehicle charging network.

More than 50 utilities joined National Electric Highway Coalition during this month to build a coast-to-coast rapid charging network for the electric vehicles along major U.S. highways by the close of the year 2023, to create a coast-to-coast rapid charging network for Electric Vehicles along main U.S. highways by the end of 2023.

 

The collaboration, which merges current EV charging organizations across the United States, includes 50 partners of the Edison Electric Institute (EEI), a utility trade group, as well as the Tennessee Valley Authority as well as Midwest Energy Inc. The particular involvement of each utility in expanding charging infrastructure could vary, ranging from building and owning charging stations to powering charging stations developed and operated by private enterprises.

Cities continue to push forward with developing electricity.

Since Berkeley, California made news in 2019 as the very first U.S. city to enforce all-electric new building infrastructure, the push to electrify cities and restrict new natural gas-supplied buildings has risen dramatically. Cities across the nation took significant steps ahead to electrify their structures in 2021, indicating the trend’s momentum.

This year, New York became the hub of building decarbonization. New York City has terminated gas hookups in all new structures, requiring all buildings smaller than 7 stories to be all-electric by the year 2023 and greater than seven storeys to be all-electric by the year 2027. Ithaca was the first city in the United States to require that all current buildings be electrified, with the support of $100 million from the private investors, with the goal of decarbonizing all 6,000 private and public structures by 2030.

About the author

Mike Butcher

Mike Butcher

Mike is a seasoned journalist with nearly 10 years of experience. While studying journalism at the University of Tennessee, Mike found a passion for finding engaging stories. As a contributor to Downey Magazine, Mike mostly covers state and national developments.
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