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

Green Car Congress

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. The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion.

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Plug-In Hybrids (or Plugin Hybrids)

Tony Karrer Delicious EVdriven

But when you do, your car essentially becomes an electric vehicle with a gas-tank backup. Lifetime service costs are lower for a vehicle that is mainly electric. Scientist have confirmed that unlike gasoline cars, plug-ins will get cleaner as they get older -- because our power grid is getting cleaner.

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Power and Associates 2004 report ]. Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. Several dozen prototypes on 15-passenger van since 2004; now in second generation development; no production plans. todays answer is "Yes -- but not yet."

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