In his state of the industry address, Electric Power Research Institute (EPRI) CEO Arshad Mansoor spoke of the increased need for collaborative research and investment to bring new clean energy technologies from laboratory to market.
He also discussed the important role the sector will play in reducing carbon emissions through electrification across the economy, from transport to buildings and industry.
“Electricity is the tip of the clean energy spear, but reaching net zero economy-wide by 2050 requires foresight with comprehensive modeling and planning, innovation global and collaborative, and backed by supportive policy and regulation,” Mansoor said.
He added that EPRI is working with research partners, energy stakeholders and government agencies to drive innovation in reducing carbon emissions that industry and government will use as a roadmap.
“The recently enacted infrastructure bill makes historic investments that will help spur critical research and development for clean energy technologies that must be produced at scale if we are to achieve net zero,” he said. he noted.
To accelerate the development of low- and zero-carbon energy technologies, EPRI and the Gas Technology Institute launched the Low-Carbon Resources Initiative (LCRI) in 2020. LCRI has more than 50 participating global organizations. In October 2021, it launched its first demonstration project with the New York Power Authority to test mixing renewable hydrogen and natural gas in a turbine.
“There is no silver bullet that will achieve global decarbonization goals, but will require the use of clean energy technologies available today and supporting technologies of the future,” Mansoor added.