Breaking News
Everything I Warned You About Just Happened... All in One Week
Your Grief, My Grief, Our Grief in the Loss of a Loved One
Vance: Federal Government Has Identified $230 Billion In Fraud Since March
Saudi Arabia's $5 Oil Detour Is Expensive... But Worth It
Top Tech News
What could possibly go wrong? Scientists use AI to design new viruses
Dual-motor suitcase drive underpins 3,000-hp hypercar
DoorDash Wins Federal Approval To Fly Its Own Delivery Drones
Shade-Resistant Solar Cells Retain 97% Efficiency After 2,000 Hours of Testing
20 Ancient Engineering SECRETS
Stonehenge Was Reanalyzed by AI -- And the Findings Are Hard to Explain
After Years Of Delays, Aptera Is Finally Preparing To Build Customer Cars
'When you kill it, it doesn't die': the jellyfish that has cracked the secret of immorta
Archer Aviation debuts Halo autonomous VTOL, Thunder's commercial twin
US Telecoms Slide On Starlink Mobile Threat; Bernstein Sees It As A "Jab, But No Knockout Yet**
Utilities Are Lining Up Behind The Electric Vehicle Movement
As more customers generate their own power from renewable sources, utilities have seen much of their business slow down. Michael J. Coren reports (via Quartz) that "utilities scrambling to reinvent themselves are turning to electric vehicles… Bloomberg estimates that electrifying the US light-duty fleet would add 774 terrawatt hours of demand to the grid, nearly the same as the entire US industrial sector today. Globally, EVs are expected to drive electricity consumption up 300-fold by 2040."
With the rise of electric vehicles, it's reported that "utilities can now take billions of dollars in the transportation sector away from the fossil fuel industry. Politics, technology and economics are aligning to help them do that." Max Baumhefner of the environmental group Natural Resources Defense Council says that utilities "all want to eat the oil industry's lunch… [and] we're happy to show them the way to the buffet."