When is Electricity the Best Energy Choice?

Transcription

1 When is Electricity the Best Energy Choice? NASEO Annual Meeting New Orleans, Louisiana September 18, 2017 Tom Reddoch Sr. Technical Executive

2 Three Dimensions of EPRI s Value Thought Leadership Industry Expertise Collaborative Model To provide value to the public, our members, and the electricity sector 2

3 Electricity Use Has Grown Faster than Total Energy for More than a Century What Will or Could Happen Next? GROWTH DRIVEN BY EFFICIENCY, CONVENIENCE, SAFETY, AND LOW COST 3

4 Relationship Between CO2 & Electricity THE TIGHTER THE CO 2 CAP, THE GREATER THE ROLE ELECTRICITY PLAYS Edmonds, Wilson, Wise, & Weyant Environmental Economics and Policy. 4

5 What is Electrification? Replacing alternative fueled energy end-use applications with efficient electric technology options while increasing consumer and societal benefit with the optimum energy choice. Electricity Efficiency (Best Electric) Conservation (Avoiding Use) Demand Response (Interrupting Supply) 5

6 National Technical Potential for Electrification 27 Q Total Energy Use - 71 Quads 99.9% Q 24 Q 21 Q Total Electric Technical Potential - 58 Quads 86% Q 56% 62 6 Q 8 Q 51 46% 4 Q Transportation Industrial Residential Commercial 6 Source: DOE/EIA Annual Energy Outlook, Electricity use is about 13 Q (or about 19%) of Total Energy Use of 71 Q.

7 EPRI s Approach to Efficient Electric Opportunities ANALYTICS TECHNOLOGY PIPELINE R&D COLLABORATION Establish Industry Stakeholder Group Conduct National, Regional, and Service Territory Assessments Identify Early Stage Efficient Electrification Technologies Accelerate Adoption Through Expanded EPRI Lab Capabilities and Field Demonstrations Develop Electrification Roadmap Convene Efficient Electrification National Conference Lead Development of Virtual Centers of Excellence INFORM INDUSTRY STAKEHOLDERS, POLICYMAKERS, REGULATORS AND CONSUMERS 7

8 Major Efficient Electric Technology Opportunities HEATING AND COOLING TRANSPORTATION ALTERNATIVE PROCESSES Advanced Heat Pumps Heating/Drying Technologies Thermal Storage Waste Heat Recovery Advanced Energy Storage High Power DC Charging Heavy Duty, C&I Applications Low Cost Hydrogen Fueling Autonomous and Other Advanced Mobility Technologies Agriculture Additive and Advanced Manufacturing Techniques Chemical Refining Material Production 8

9 Next-gen Heat Pump Technology Provides Increased Efficiency and Higher Performance 9

10 Join EPRI for a Global Forum on Electrification SAVE THE DATE AUGUST 20-23, 2018 LONG BEACH, CALIFORNIA To gain an understanding of the quantifiable customer and environmental benefits of efficient electrification To learn about best practices for implementing efficient electrification programs to maximize customer benefit To experience the latest electrification-related technologies in action To collaborate with industry, government, and academic leaders For more information, contact Info@Electrification2018.com ELECTRIFICATION 2018 INTERNATIONAL CONFERENCE & EXPOSITION 1 Scan here for the latest EPRI Efficient Electrification newsletter 10

11 Together Shaping the Future of Electricity 11