USA Electricity Demand From EV Rises High In Early 2024

by | May 23, 2024 | Daily News, Environmental News

Home » Environmental News » USA Electricity Demand From EV Rises High In Early 2024

The USA electricity demand from EV surged in the first two months of 2024. Compared to the same period in 2023, the demand for electricity by EVs jumped by over 50%. This increase reflects the growing presence of EVs in the U.S. car market.

It also shows their significant impact on electricity usage. According to the U.S. Energy Information Administration (EIA), total electricity use by EVs through February 2024 reached 1.58 million megawatt hours (MWh). This marks a substantial rise from 1.04 million MWh in the same period last year.

The 52% increase in EV electricity use surpasses the 40% growth rate seen from January-February 2022 to that of 2023. This trend highlights the accelerating adoption of EVs and their expanding influence on electricity consumption.

USA electricity demand from EV

Annual Trends

In 2023, EVs accounted for 16% of all light-duty vehicle sales in the U.S. For the first time, EV electricity use exceeded that of U.S. railways. The EIA’s latest Electric Power Monthly report shows that total EV electricity consumption in 2023 was 7.6 million MWh, up 45% from 2022.

This growth lagged behind the record 49.2% increase in 2022. However, it still represents the second-largest annual growth rate on record. Over the past five years, the average annual growth rate for EV electricity demand has been 37.2%.

California led the nation in EV electricity consumption. It used 2.58 million MWh and accounted for nearly 34% of the national total. However, this share was slightly down from 35.2% in 2022, indicating faster growth in other states.

Following California, the top state for EV electricity demand in 2023 was Florida (458,767 MWh). It was followed by Texas (417,027 MWh), New York (337,367 MWh), and Washington (308,724 MWh).

Battery electric vehicles made up nearly 72% of the total EV electricity use. On the other hand, plug-in hybrids accounted for 28.3%.

State Standouts

Beyond the top five states, 13 other states consumed over 100,000 MWh of electricity for EV charging in 2023. These states range from Maryland to Illinois and from North Carolina to New Jersey. This shows widespread EV adoption across the country.

Oklahoma experienced the largest year-on-year growth in EV electricity demand, with a 74% increase to 73,058 MWh. This growth was driven by the rapid installation of public chargers and local government incentives for home-based charging equipment.

In contrast, the states with the lowest EV electricity demand were North Dakota, Wyoming, and South Dakota. These states have the lowest per capita EV ownership rates. It’s due in part to limited public charging infrastructure and concerns about winter weather impacting battery life.

Despite these challenges, more charging stations are planned nationwide in 2024 and beyond. EVs with battery ranges of 300 miles or more are also becoming more common. Additionally, high dealer inventories are putting pressure on EV prices, making them more accessible.

As a result, the U.S. car fleet is expected to become increasingly electrified, further boosting electricity demand. The growing USA electricity demand from EV will likely place additional strain on utilities. This will ensure continuous electricity availability, both for home charging and public charging stations.

Also Read: Why Choose Electric Vehicle BMW Over Other Brands?

Author

  • Sarah Tancredi

    Sarah Tancredi is an experienced journalist and news reporter specializing in environmental and climate crisis issues. With a deep passion for the planet and a commitment to raising awareness about pressing environmental challenges, Sarah has dedicated her career to informing the public and promoting sustainable solutions. She strives to inspire individuals, communities, and policymakers to take action to safeguard our planet for future generations.

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