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NIST Releases EPRI Report on Smart Grid Development; Priorities, Standards, Architecture

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The Smart Grid is a planned nationwide network that will use 21 st century information technology to deliver electricity efficiently, reliably and securely, while allowing increased use of renewable power sources. Earlier this year, NIST awarded a contract to EPRI for assistance in developing the standards framework.

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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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While this creates a large opportunity for the electricity industry to increase sales and infrastructure investments, it also comes with new challenges that will need to be addressed. The batteries installed in 20 million EVs will have up to 1,600 GWh of electricity storage capacity.

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