The biggest utility in Texas says growth of large EVs — like electric delivery vans and semi trucks — could necessitate "major investments" to its distribution grid.
The San Juan Generating Station is slated for shutdown in 2022, but the city of Farmington, New Mexico, has reached an "initial agreement" with a private holding company to keep it operating.
The State Corporation Commission said the loss of power demand from more than 160 stores would raise rates too much for residential customers who cannot choose their electricity provider.
"There was a strategy in the draft IRP to promote efficient load shape and it emphasized energy efficiency, demand response, electrification and storage," said Jane Elliott, part of TVA's enterprise planning group.
The future of mobility will be autonomous and electric, with more people opting not to own a vehicle. That means ride- and car-sharing services will need to play a role in helping utilities roll out charging infrastructure.
Early renewables procurements that reverse traditional auctions with one utility buyer and multiple renewables-plus-storage sellers have lowered storage costs and grown capacity.
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