For example, some utilities are choosing to offer EV incentives to replenish revenue lost in solar electrification to drive revenue from transportation.Īs batteries become cheaper and more abundant, we will experience less need for a utility to provide a baseload and more need for the utility to become an energy management service that controls where electricity goes on the grid. This transformation is prompting local leaders to make a very important decision –to get in front or be left behind. VW alone is investing $84 billion into its immediate electric car model lineup development. Ford has committed to releasing 13 electric models in the next four years. Half the cars sold in Norway in 2018 were electric. China is in the process of banning gasoline and diesel engines altogether. GM has announced that it is going 100 percent electric. Solar photovoltaic power (PV, or electric), electric vehicles (EV) and energy storage systems (ESS, or batteries) are rapidly becoming ubiquitous, and will be central to all of us in the near future.Īccording to Stanford University economic research, petroleum-powered cars will no longer be popular in as little as eight years. We are in the midst of one of the biggest transitions the world has ever seen – the replacement of dirty fossil fuels as our main energy supply.
The future is clean air and water and blue skies for all to enjoy. What does the future look like to you? To us at Power Production Management (PPM Solar), the future is electric.