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EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

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Total Smart Grid costs. Source: EPRI. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. EPRI’s Prism analysis estimates a potential CO 2 emissions reduction in 2030 of 9.3% Click to enlarge.

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Brattle Group: electric power sector investments of $75B – $125B needed to support projected 20M EVs in US by 2030

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Electric vehicles (EVs) will be a major disruptor for the US electric power sector, with the number of EVs in the US projected to increase from 1.5 Over the past 5 years, public EV chargers increased by about 40% per year, a rate that must be maintained over the next decade to install an additional 1–2 million public chargers by 2030.).

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Southern Company commissions 1 MW/2 MWh grid energy storage system from LG Chem

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A 1 megawatt (MW)/2 megawatt-hour (MWh) battery energy system powered by LG Chem batteries has been commissioned for Southern Company and the Electric Power Research Institute (EPRI) at a solar photovoltaic (PV) facility in the Southeastern region of the US. —Sunghoon Jang, SVP, Energy Solution, LG Chem.

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PG&E, Calif. Energy Commission launch 4MW sodium-sulfur grid storage pilot in San Jose

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Pacific Gas and Electric Company (PG&E) and the California Energy Commission today unveiled a utility-scale sodium-sulfur battery energy storage system ( earlier post ) pilot project to better balance power needs of the electric grid. EPRI’s reports will be made available to the public. The project was made possible with a $3.3-million

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Xcel Energy launches EV smart charging pilot in Colorado; Transportation Electrification Plan for New Mexico approved

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Xcel Energy has launched a new pilot for customers of five major automakers to make it easier for consumers to make the switch to electric vehicles in Colorado and to charge their EVs at times when renewable energy production is high and demand on the energy grid is low. —Alice Jackson, president, Xcel Energy-Colorado.

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EPRI Report Shows That DC Superconductor Cable is Feasible for Development Using Todays Technology

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The Electric Power Research Institute (EPRI) has published a report that describes the design of a superconducting direct current (DC) cable system capable of moving thousands of megawatts of electricity between regions, and which is practical and ready for commercial development, using today’s technology. Resources.

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Largest public EV charging center in California opens in Santa Clara

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Santa Clara’s municipal electric utility Silicon Valley Power (SVP) collaborated with the Electric Power Research Institute (EPRI), Joint Venture Silicon Valley, ChargePoint and MJR Electric to obtain a grant of $393,000 from the California Energy Commission to pay for the equipment and construction of the charging center.