The state of Georgia has over 90,000 miles of public roads. Can you imagine a future in which those miles of asphalt could serve as a powerful climate solution by capturing solar energy?
Autonomous, or “self-driving,” vehicles might get a larger share of the headlines for their future potential, but electric vehicles (EVs) look to be ready for the fast lane right now. While plug-in EVs make up less than 1 percent of auto sales in the United States, their sales are growing at nearly 30 percent year over year. Last year, EEI and the Institute for Electric Innovation forecast that up to 7 million EVs will be traveling on U.S. roads by the end of 2025.
As scientists and companies work on cleaning up cars, there’s also a team developing new technology along a road in rural Georgia in the United States, with the aim of making a truly sustainable highway.
With gas prices rising, is there an electric vehicle (EV) in your future? A survey released in May by the American Automobile Association found that 20 percent of Americans said an EV would be the next car they buy. That’s up 5 percent from 2017.
Now that clean energy has gone mainstream, there is an array of existing and emerging opportunities to scale up clean energy investments while also meeting investors’ risk-return requirements. Across asset classes, clean energy opportunities are available that align with investment fundamentals such as long-term risk diversification. Savvy investors are now moving to understand the expanding opportunities in the clean energy sector, recognizing that this market is growing in terms of the breadth and quality of available opportunities.
There are so many utilities and other right-of-way owners out there that are providing a commendable contribution to the environment and conservation, but the sustainability focus always seems to be on the "bigger" concerns, such as emissions or larger animals that people can relate to like a sweet manatee or a cute cougar cub. All of the good things that happen with right-of-way vegetation management remain unnoticed.
The first solar roadway in the U.S. debuted on an 18-mile stretch of I-85 in southwestern Georgia. It's called the Ray C. Anderson Memorial Highway, and the asphalt is a living laboratory now known as The Ray -- it offers a vision of how highways could look and function in the future.
Revenue from highway solar could provide a steady revenue stream instead of the doomed gas tax, unpopular tolling, and unreliable congressional appropriations.
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