We’re at the point now where decarbonization efforts might not come at a premium. As more fleets focus on greater degrees of sustainability, there’s still a strong focus on profitability. Those that are looking at investing in electric charging infrastructure are taking a wholistic look at their energy spending–in both electrons and diesel. The challenge is: it’s complicated.
Take renewable energy credits, or certificates, (RECs) for example. The EPA defines them as: “A market-based instrument that represents the property rights to the environmental, social, and other non-power attributes of renewable electricity generation.” For fleets investing in renewable energy and zero-emissions vehicles, however, it means potential dollars signs.
To find out more about how RECs work and what it means to trucking operations, I connected with Jason Gies, vice president, eMobility Business Development, Navistar, and Terry O’Day, COO, In-Charge Energy. The two are partnering on carbon-neutral electric vehicle charging strategies for fleets as Navistar rolls out its medium-duty battery electric eMV. Watch the video above for an overview of how RECs work and how they can positively impact a fleet’s profitability.
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