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Electric Power Research Institute

 
Hoover's Profile: Electric Power Research Institute, Inc.
 
Contact Information
Electric Power Research Institute, Inc.
3420 Hillview Ave.
Palo Alto, CA 94304
CA Tel. 650-855-2000
Toll Free 800-313-3774
Fax 650-855-2800

Type: Private - Not-for-Profit
On the web: http://www.epri.com
Employees: 891

The Electric Power Research Institute (EPRI) knows there's more to electricity than putting a plug in a socket. The institute consists of investor-owned and government-owned utility companies, as well as other industry representatives. EPRI is a not-for-profit research consortium that organizes and funds collaborative research. The organization identifies and works on issues related to electricity generation, delivery, and use, including questions related to environmental protection. EPRI maintains offices in China, Japan, and Spain, as well as in the US. More than 10% of the organization's members are located outside the US. EPRI was founded in 1973.

Key numbers for fiscal year ending December, 2007:
Sales: $285.0M

Officers:
Chairman: Michael J. Chesser
President and CEO: D. Steven R. Specker
VP, CFO, and Treasurer: Steve Yamamoto

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Wikipedia: Electric Power Research Institute
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The Electric Power Research Institute (EPRI) conducts research on issues of interest to the electric power industry in the USA. EPRI is an independent, nonprofit organization funded by the electric utility industry. Although EPRI is primarily a US organization, it receives international participation. EPRI's area of interest covers most aspects of electric power generation, delivery and use.

Following Senate hearings in the early 1970s on the lack of R&D supporting the power industry, all sectors of the U.S. electricity industry—public, private, and cooperative—voluntarily pooled their funds to begin one of the first and most successful industry-wide collaborative R&D programs in the world. EPRI was formally established in 1973 as the Electric Power Research Institute. It was created as an independent, nonprofit organization designed to manage a broad public-private collaborative research program on behalf of the electric utility industry, the industry’s customers, and society at large. Underlying EPRI’s creation was recognition of the profound and beneficial impact of electricity on modern life.

EPRI’s R&D program spans virtually every aspect of generation, environmental protection, power delivery, retail use, and power markets. Today, EPRI provides solutions and services to more than 1000 energy-related organizations in 40 countries.

EPRI has more than 900 patents to its credit.

EPRI laid the groundwork in the 1970s for the use of power electronics in the utility system, sometimes known as FACTS (Flexible AC Transmission Systems).

EPRI established the largest electric and magnetic fields health program in the world and played a pivotal role in resolving scientific questions concerning potential links to cancer.

EPRI is in the Advisory Council of the PHEV Research Center.

EPRI created the world’s largest center for nondestructive testing, used first for nuclear inspection and now increasingly for internal diagnostics of fossil power plants and industrial systems.

Supporter of 'Clean Coal'

EPRI champions the use of all generation technologies which are efficient, reliable, safe, and environmentally benign, but has concluded that coal and nuclear power will still supply two-thirds of our energy by 2050, and has founded the Global Carbon Capture and Storage Institute to develop strategies and plans for implementing these so-called “clean coal” plants.

The organization sees renewables such as wind and biomass supplying only a quarter of the electricity in 2050, and predicts solar power will not play a significant role. “It just doesn’t enter into our equation,” said Revis W. James, in an April 2009 article in The New York Times Energy and Environment Blog.

EPRI developed a clean coal technology Roadmap, originally released in 2001. The Roadmap identifies a variety of research, development and demonstration priorities that if adequately funded and pursued, could lead to the successful development of a set of coal-based technologies that will be cost-effective, highly efficient and achieve near zero emissions to our air and water resources.

In mid-2005, the CURC, in cooperation with EPRI, began an update of the Roadmap, including a review of both the programs and technologies identified in the original Roadmap, as well as the costs, performance levels, progress achieved during the last several years and total projected costs to government and industry if the goals of the Roadmap are to be achieved. DOE was consulted on a provisional basis to review the revised document. The new CURC-EPRI roadmap, released in September of 2006, defines the steps necessary to achieve near zero emissions from coal use, including the capture and sequestration of CO2, and suggests that the investment necessary to achieve the goals of Roadmap is approximately $17.0 billion between now and 2025. This amount reflects both the federal and industry investment (traditionally, the Federal cost-share is 80% for R&D projects and 50% for demonstration projects).

The CURC-EPRI Roadmap includes a technology development program for carbon management, defined as the capture and sequestration of carbon dioxide. The Roadmap targeted two approaches to carbon management: (1) higher efficiency; and (2) sequestration of CO2 in underground reservoirs. The cost of higher efficiency is contained within the power plant costs for both gasification and combustion based systems. The Roadmap separately identifies the cost of transport and injection (storage) in the carbon sequestration roadmap.

The goal of the CURC-EPRI Roadmap is to have, by 2025, new combustion and gasification based systems operating with carbon capture with an efficiency between 39% to 46% and a cost of electricity between 37 and 39 $/MW-hr. By 2025, the incremental cost to transport and sequester the CO2 is projected to be between 2 and 7 $/MW-hr.


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