The Electric Power Research Institute (EPRI) and Gas Technology Institute (GTI) have launched a five-year initiative to accelerate the development and demonstration of low-carbon energy technologies.
Launched today, the Low-Carbon Resources Initiative (LCRI) is an international collaborative spanning the electric and gas sectors that will help advance global, economy-wide deep decarbonisation.
With 18 sponsors, including Lincoln Electric Systems, Mitsubishi Hitachi Power Systems, SoCalGas, Portland General Electric, Tennessee Valley Authority, and more, the collaborative aims to bring industry together to conduct clean energy R&D for society’s benefit.
“Driving collaboration through the Low-Carbon Resource Initiative is important to reach deep decarbonisation goals beyond 2030,” said Arshad Mansoor, EPRI President.
“Achieving ambitious targets will require technologies and processes beyond those widely available today. This global initiative will advance pathways to economy-wide decarbonisation.”
The LCRI is targeting advancements in low-carbon electric generation technology and low carbon energy carriers, such as hydrogen, ammonia, biofuels and synthetic fuels. The collaborative has committed to:
- Identify and accelerate fundamental development of promising technologies.
- Demonstrate and assess the performance of key technology and processes.
- Inform key stakeholders and the public about technology options and potential pathways to a low-carbon future.
Commenting on the initiative, Paul Browning, President and CEO of Mitsubishi Hitachi Power Systems, said, “We are excited to partner with EPRI, GTI and major electric power utilities to accelerate the deployment of technologies like green hydrogen that will pave the way to a decarbonised power sector.”
Maryam Brown, President of SoCalGas, added, “As we work together to further decarbonise our electric and gas grids, resilient and integrated systems will become even more important in providing clean, affordable and reliable energy to our customers.”