EEI asks electric utilities to help rev up PEV adoption

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A white paper from Edison Electric Institute encourages investor-owned utilities to meet an industry goal to spend at least 5% of their yearly fleet purchasing budgets on plug-in electric vehicles. EEI President Tom Kuhn describes the electric power industry as “a tremendous leader in supporting electric transportation” and that it must lead by example.

 

Read the news release for more on the PEV initiative and the benefits EEI identifies that will benefit utilities. Click the included link to download the full report.

 

EEI releases “road map” to help expand the electric vehicle market

 

The Edison Electric Institute (EEI) today released a white paper, “Transportation Electrification: Utility Fleets Leading the Charge,” that focuses on the electric power industry’s effort to accelerate the expansion of electric transportation in commercial and retail markets, beginning with electric utility fleets. The paper encourages investor-owned electric utilities to meet an industry-wide goal to spend at least five percent of annual fleet acquisition budgets on plug-in electric vehicles (PEVs) and technologies.

 

“The electric power industry is a tremendous leader in supporting electric transportation, but we must continue to strengthen our efforts and lead by example. One way we can do that is by leveraging our industry’s buying power to purchase more PEVs for our fleets,” said EEI President Tom Kuhn. “The white paper released today is a road map for a long-term, coordinated effort to further spur the development of electric vehicle technologies in the electric transportation market.”

 

To help guide the effort, investor-owned electric utility CEOs designated Tony Earley, chairman, CEO and president of PG&E Corporation, and Jim Piro, CEO and president of Portland General Electric, as co-chairs of the EEI Electric Transportation Task Force. The mission of the task force is to champion the issue of electrification by increasing the awareness, opportunities, and activities related to electrification within the utility industry; collaborating with automakers and other stakeholders; and educating the public at large about the benefits of electric vehicles and technologies.