2024 SEPA Snapshots Series – Transportation
Research

2024 SEPA Snapshots Series – Transportation

  • Transportation accounts for 30% of U.S. greenhouse gas (GHG) emissions, with vehicles contributing 80%; EVs are key to cutting emissions.
  • EV adoption, projected to exceed 26 million by 2030, will increase grid demand but offer significant emissions and cost reductions.
  • Collaboration across utilities, businesses, and governments critical to overcoming barriers and advancing clean mobility.

Transportation is the largest source of GHG emissions in the U.S., contributing 30% of the total, with vehicles accounting for 80% of those emissions. Electric vehicles offer a transformative solution to reduce emissions, lower transportation costs, and improve air quality. With EV adoption expected to surpass 26 million vehicles by 2030, electrification will significantly increase demand on the electric grid. However, it also presents opportunities such as reduced source emissions, cost savings for consumers, and the potential for EVs to serve as grid resources.

SEPA’s 2024 Snapshots Series underscores the importance of addressing barriers such as infrastructure gaps, high upfront costs, and limited consumer awareness. By fostering collaboration among utilities, businesses, nonprofits, and governments, stakeholders can accelerate EV adoption and unlock benefits like enhanced grid resilience, equity, and a sustainable transportation future.

 

Contributors:
Ted Burhans
, Director, Market Intelligence
Garrett Fitzgerald, Director, Research & Industry Strategies, Transportation

2024 SEPA Snapshots Series - Transportation