from analysis to action: demonstrating the technologies steven specker president and ceo 2008 summer...

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From Analysis to Action: Demonstrating the Technologies Steven Specker President and CEO 2008 Summer Seminar August 5, 2008

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Page 1: From Analysis to Action: Demonstrating the Technologies Steven Specker President and CEO 2008 Summer Seminar August 5, 2008

From Analysis to Action:Demonstrating the Technologies

Steven SpeckerPresident and CEO

2008 Summer SeminarAugust 5, 2008

Page 2: From Analysis to Action: Demonstrating the Technologies Steven Specker President and CEO 2008 Summer Seminar August 5, 2008

2© 2008 Electric Power Research Institute, Inc. All rights reserved.

Demonstrations NeededDemonstrations Needed

PC with CCS

IGCC with CCS

Lower-costO2 production

Integration oflarge-scale renewables

Efficiency for end-use applications

Integration of load-sideresources into

virtual power plant

Plug-in hybridelectric vehicles

Demonstration Projects

Demonstration ProjectsDemonstration Projects

DescriptionDescription SizeSize Estimated Estimated CostCost

We Energies: Pilot scale chilled ammonia

1.7 MW $15+ M

AEP: Chilled ammonia with CO2 sequestration. Initial project may be scaled up to 200 MW upon successful completion

20 MW $130 M

Southern Company: Advanced amine with CO2 sequestration

25 MW $150 M

Scaled-up IGCC CCS demos (3)

Up to600 MW

$450 M

DOE/Air Products: ITM oxygen demo

150 tons/day $75 M

Advanced design for compressed air energy storage (CAES) below and above ground

300 MW 10 H15 MW 2 H

$206 M$26 M

Page 3: From Analysis to Action: Demonstrating the Technologies Steven Specker President and CEO 2008 Summer Seminar August 5, 2008

3© 2008 Electric Power Research Institute, Inc. All rights reserved.

Demonstrations NeededDemonstrations Needed

PC with CCS

IGCC with CCS

Lower-costO2 production

Integration oflarge-scale renewables

Efficiency for end-use applications

Integration of load-sideresources into

virtual power plant

Plug-in hybridelectric vehicles

Demonstration Projects

Demonstration ProjectsDemonstration Projects

DescriptionDescription SizeSize Estimated Estimated CostCost

6 hyper-efficient end-use technologies

45 sites $23 M

Interoperable smart grid 8 sites $90 M

Demonstration of light duty plug in hybrid electric vehicles (GM and Ford)

40 vehicles $20 M

Page 4: From Analysis to Action: Demonstrating the Technologies Steven Specker President and CEO 2008 Summer Seminar August 5, 2008

4© 2008 Electric Power Research Institute, Inc. All rights reserved.

$0

$10

$20

$30

$40

$50

$60

$4.2M $6.1M$3.4M

$32.5M

$13.2M

$3.2M $2.4M

Board Leadership of Demonstrations

Needed Funding

Projected Funding – August 1, 2008

$ Millions

$50M

$22M

$8M$5M $6M $5M

$4M

’08 Goal PC/CCS IGCC ITM O2 CAES EE Smart Grid

Page 5: From Analysis to Action: Demonstrating the Technologies Steven Specker President and CEO 2008 Summer Seminar August 5, 2008

5© 2008 Electric Power Research Institute, Inc. All rights reserved.

Action Framework… Four Evolving Infrastructures

Creating the Electricity Network of the Future