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

Green Car Congress

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. Plug-In Electric Vehicles (PEVs). Click to enlarge. trillion and $2 trillion.

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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. The GREET 1.6

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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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