54. Preparing Utilities for the EV Revolution with Kevin Hernandez of ScottMadden

The electrification of vehicles has swiftly gone from a curiosity to a trend to an inevitability, and few industries are poised to be quite as deeply impacted as the power sector. Utilities are already seeing the greatest amount of new load demand added to their portfolios in decades, and they'll continue to have requests to build out new transmission and distribution infrastructure just to meet the growing electricity needs of electric vehicles. At this moment, utilities find themselves as a crossroads where they are reasonably able to keep up with these changes as they happen, but thanks to policies supporting vehicle electrification and falling EV prices the market will soon reach a pivot point where the adoption increases much more rapidly. As such, power providers are best served by preparing today for the coming EV revolution in the days ahead. That message has been espoused widely by Kevin Hernandez, a Partner and Grid Edge Lead at ScottMadden. Kevin has studied the trends and the forecasts deeply, and he's measured them against the current capabilities of utilities across the country in a way that's highlighted where the energy industry needs a boost to properly prepare for the changes that are happening with increasing speed. To spread this message further to the utility leaders who must be making these investments today, Kevin joins the Energy Central Power Perspectives Podcast to chat with host Jason Price and producer Matt Chester about his observations and recommendations. Key Links: Kevin Hernandez’s Energy Central Profile: https://energycentral.com/member/profile/kevin-hernandez-1 ScottMadden on Energy Central: https://energycentral.com/o/scottmadden Link to Register as a member of the Energy Central Community: energycentral.com/user/register Energy Central post with full transcript from this episode: https://energycentral.com/c/pip/special-edition-preparing-utilities-ev-revolution-kevin-hernandez-scottmadden Did you know? The Energy Central Power Perspectives Podcast has been identified as one of the industry's 'Top 25 Energy Podcasts': blog.feedspot.com/energy_podcasts/