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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.

EPRI 239
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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

The ranges of the levelized cost of driving (LCD) and cost of avoided carbon are narrower for the future technology pathways, reflecting the expected economic competitiveness of these alternative vehicles and fuels. Fuels or energy carriers in the study included gasoline, ethanol, diesel, CNG, LPG, hydrogen, and electricity.

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New materials could cut parasitic energy costs for CO2 capture by up to 30-40%

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A computational analysis that screened hundreds of thousands of zeolite and zeolitic imidazolate framework structures has identified many different structures that have the potential to reduce the parasitic energy loss of carbon capture technologies for powerplant flue gas by as much as 30–40% compared with amine scrubbing. —Lin et al.

EPRI 255
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ARPA-E Selects 37 Projects for $106M in Funding in Second Round; Electrofuels, Better Batteries and Carbon Capture

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ARPA-E’s first solicitation awarded $151 million to 37 projects aimed at transformational innovations in energy storage, biofuels, carbon capture, renewable power, building efficiency, vehicles, and other areas. Electrofuels: Biofuels from Electricity. Novel Biological Conversion of Hydrogen and Carbon Dioxide Directly into Biodiesel.

Carbon 249
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Plug-In Hybrids (or Plugin Hybrids)

Tony Karrer Delicious EVdriven

Its like having a second fuel tank that you always use first -- only you fill up at home, from a regular outlet, at an equivalent cost of under $1/gallon. 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.

Plug-in 61
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ARPA-E Awards $151M to 37 Projects for Transformative Energy Research

Green Car Congress

Carbon Capture (5 projects). Eagle Picher, in partnership with the Pacific Northwest National Laboratory, will develop a new generation of high energy, low cost planar liquid sodium beta batteries for grid scale electrical power storage applications. Earlier post.) Biomass Energy (5 projects). Direct Solar Fuels (5 projects).

Energy 231
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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

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. See our Global Warming page.

PHEV 37