article thumbnail

Electric Vehicle Sales Continue to Grow, Despite What Some Automakers Are Saying

Union of Concerned Scientists

The future of cars is electric. However, over the last month several automakers have said the transition from gasoline to electric vehicles (EVs) will need to slow down, in part citing demand. However, most of the automakers making the switch are offering adaptors next year and making the hardware change with model year 2025 vehicles.

article thumbnail

What Fixed Charges on Your Electric Bill Could Mean for Charging an EV in California

Union of Concerned Scientists

Residential electricity rates for many Californians have increased significantly over the last year, making it more expensive to charge an electric vehicle (EV) at home. It’s still cheaper to recharge an EV than buy gasoline, but those savings have been eroded by surging electric rates. to $9.54.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

California’s Electric Car Culture

Legal Planet

electric vehicles (EVs) are sold in California. million ZEVs in use by 2025. CARB adopts Advanced Clean Cars I rule requiring that 10% of 2025 cars be ZEVs. Since the Pavley Act passed in 2002, California has been a leader in cutting greenhouse gas emissions from new cars. Even today, a third of all new U.S. 2020 Gov.

article thumbnail

PJM Electricity Auction Price 9 Times Higher Than Previous Auction-- $269.92/MW-Day For 2025/26 Delivery Compared To $28.92/MW-Day In 2024-25; Extreme Weather Risk Big Factor

PA Environment Daily

On July 30, the PJM Interconnection reported its latest electricity auction produced a wholesale price of $269.92/MW-day MW-day for much of the PJM footprint for delivery in 2025-26-- 933% more than the $28.92/MW-day MW-day cost for delivery in the 2024/2025 auction. reserve margin for the 2024/2025 Delivery Year.

2025 116
article thumbnail

These Are the Critical Issues to Track with the New “Tech-Neutral” Clean Electricity Tax Credits

Union of Concerned Scientists

The Inflation Reduction Act (IRA) included a major—forthcoming—refresh for one of the biggest policy drivers of the nation’s clean energy transition to date: tax credits subsidizing the deployment of clean electricity resources. the GHGs emitted into the atmosphere by a facility in the production of electricity—is not greater than zero.

article thumbnail

Renewables to become first global electricity source by 2025

Edouard Stenger

According to the International Energy Agency (IEA) , renewable energy sources are to become the first electricity source by 2025, surpassing dirty coal. Solar and wind are also due to cover most if not all of global electricity demand growth in the meantime. Good news everyone !

2025 52
article thumbnail

If You Live in Rural America, Here’s How to Save Money by Switching to an Electric Vehicle

Union of Concerned Scientists

At the Union of Concerned Scientists, we’ve been looking into the benefits rural drivers could enjoy from switching from a gasoline vehicle to an electric vehicle. The lack of an accessible outlet to charge an EV at home is one such challenge faced by drivers when considering switching to an electric vehicle.