Energy Efficiency | Page 268

The number of electric vehicles (EVs) on the road worldwide is forecasted to reach 125 million by 2030, according to the International Energy Agency (IEA), which put the total car count at about 2 billion by 2040. Estimates for 2017 showed the EV count at 3.1 million, an increase of 54%.

This report from Deloitte's Center for Energy Solutions on global energy storage explores eight key market drivers that are supercharging the technology, while revealing four barriers that may be impeding growth.

The Home Depot has installed a 554-kilowatt solar generation project at its northeast Washington, D.C. location. The project is the largest single rooftop array in the District and is expected to supply more than 9.9 million kilowatt hours of electricity to the store

Kick back and relax with these must-read energy stories from around the web:

Hilton Hotels announced a new goal to reduce carbon emissions by 61% by 2030, created in conjunction with the Science Based Targets initiative.

A new proposal at the University of Maine’s Orono campus calls for a woodchip-fueled power plant and a solar array to provide green power.

Sales of electric buses are expected to jump by 84% by 2030, while cars will grow by 28% in the same period. Overall, the electrification of road transport will move into top gear in the second half of the 2020s, thanks to tumbling battery costs and larger-scale manufacturing.

ExxonMobil announced on May 23 a series of greenhouse gas (GHG) reduction measures that are expected to lead to significant improvements in emissions performance by 2020, including a 15% decrease in methane emissions and a 25% reduction in flaring.