This is a partner podcast episode, brought to you by DNV.

Wes Whited and Angie Ziech-Malek work for DNV designing efficiency, electrification, and decarbonization programs for utilities. And lately, they’ve been paying attention to electric forklifts.

There are 1.5 million forklifts sold in the U.S. every year. And converting that vast fleet to run on lithium-ion batteries could be a cost-effective way to boost electrification – and add a helpful resource for demand management to the grid.

Speeding up adoption means getting the utility involved in the education and promotion process. The forklift example is one of many creative approaches to program design that are emerging in the wake of the Inflation Reduction Act, which expanded incentives for a wide range of clean energy technologies.

In this episode, Wes and Angie talk with Stephen Lacey about how technology progress, creative thinking, and the Inflation Reduction Act are all aligning in transformative ways.

After you listen to the episode, make sure to read DNV’s Energy Transition Outlook North America.