U.S. Utilities Look To Electric Cars As Their Savior Amid Decline In Demand
After years of rising demand, utility companies are staring down a projected decline in the demand for electricity. They say the budding electric car industry could save them.
by Samantha Raphelson
Mar 29, 2018
3 minutes
The U.S. electricity sector is eyeing the developing electric car market as a remedy for an unprecedented decline in demand for electricity.
After decades of rising electricity demand, experts say the utility industry grossly underestimated the impact of cheap renewable energy and the surge of natural gas production. For the first time ever, the Tennessee Valley Authority is projecting a in demand across the region it serves in seven states, which is the first persistent decline in
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