As fleets shift to become increasingly electric, dispatchable generation and stationary battery electric storage systems (BESS) can be deployed in a hybrid configuration, supplementing available grid power. Electric Buses Will Fuel Load Growth In response to the growth of battery electric buses (BEBs), electric utilities anticipate that entirely new distribution substations, feeders and other infrastructure…
Rising to the challenge, a market for fleet-charging services is taking shape. Fleet electrification creates opportunities for service providers who can efficiently and cost effectively install, operate, monitor and maintain charging equipment and related infrastructure. Greater understanding of these newly emerging business and financing models will ultimately lead to a faster, more widespread and cost-effective…
The $499-billion legislation contains nearly $370 billion in carbon reduction, resiliency, and clean energy incentives. Once fully adopted, analysts forecast the combination of grants and tax credits will cut U.S. carbon emissions 40 percent by 2030. Notable changes to the federal tax code include: Larger tax credits for renewable energy, clean transportation, and energy efficiency…
Prudent businesses and public agencies that proactively integrate carbon neutrality into their short- and long-term capital plans will be best positioned to enjoy the many potential benefits including capital and energy cost reductions. Those that wait until they’re compelled to change may be forced to scramble, or face fines or other financial penalties. Denver International…