Power companies commit to building nationwide EV charging network

The image is called "chorus" and it is on thecdn.vox-cdn.com.

The public parking structure in Hermosa Beach, CA was the site of the new electric vehicle charging stations.

Digital First Media/Torrance Daily Breeze has a photo by Scott Varley.

Over 50 utilities across the US have come together to speed up the build-out of electric vehicle charging stations. The National Electric Highway Coalition was announced today by theEEI, an association of investor-owned power companies.

According to a fact sheet, the companies aim to fill charging infrastructure gaps along major travel corridors. Each utility that is part of the coalition must commit to creating an EV fast charging network across its service territory using any approach they see fit by the end of the year. According to the EEI, the US will need more than 100,000 fast charging ports by the year 2030.

There are just 46,000 public charging stations for electric vehicles in the US. DC fast charging stations can get an EV battery to 80 percent charged in under an hour, according to the Department of Energy. More EV adoption could be driven by easier access to faster charging stations.

Things are going to change quickly.

Things are on track to change quickly because of new policies by the Biden administration. In August, Joe Biden signed an executive order setting a goal for half of all new passenger vehicles sold in the US to be electric or hybrid by the year 2030. The bipartisan infrastructure law includes $7.5 billion to build a national network of EV charging stations. That could benefit utilities that choose to work with states on putting those dollars to work.

The federal government will provide additional funding to support public charging, and we think it is necessary.

The process of connecting new charging stations to the grid has slowed the roll out of EV charging infrastructure. The advantage of utilities is that they already know what the grid capacity is at any new location. Some of the road blocks that other initiatives have faced could be smoothed out by that intel.