IET - IET

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Building on the foundation laid by the Carbon-Free Technology Initiative and other industry initiatives, the Edison Foundation launched the Institute for the Energy Transition (IET)—a new program that will assess the key 24/7 zero-emitting technologies necessary to achieving carbon emissions reduction goals reliably and affordably. IET will continue to explore the demonstration of these key technologies, adding a new focus on the current economics of each technology, expected future cost curves and potential timelines for adoption. IET also will focus on identifying and proposing solutions to the legal, regulatory, and policy issues that must be addressed to ensure that these technologies can be deployed as soon as they are demonstrated and economic.</p> <p>These key technologies include hydrogen, battery electric storage and long duration energy storage, carbon capture and storage, and advanced nuclear technologies, as well as currently deployable technologies such as grid enhancing technology solutions and advanced transmission technologies. IET’s goal is to provide an assessment for each technology and then to engage in periodic updates to reflect significant developments, including scheduled deployments and improved economic fundamentals.</p> <p>Other initiatives IET will undertake include:</p> <ul> <li>Identifying critical barriers to deployment, including technological, commercial, and regulatory impediments, as well as other factors, such as supply chain constraints or public acceptance, that would impede the ability of electric companies to deploy these technologies.</li> <li>Providing accessible qualitative summaries of the current economics of key carbon-free technologies based on a rigorous and defensible assessment of their development status.</li> <li>Summarizing takeaways from key demonstration projects underway or already undertaken domestically and abroad.</li> <li>Developing public education materials about these technologies, focusing on their costs and the key issues that need to be addressed to deploy them reliably and affordably.</li> </ul> <p>Partnerships with experts and other stakeholders are crucial to the success of these efforts. IET will be working with industry-leading experts, including researchers from EPRI and DOE’s National Labs, as well as electric company leaders, to achieve its goals.</p> <p>Learn more about the <a rel="noopener noreferrer" rel="noopener noreferrer" href="https://www.carbonfreetech.org/" target="_blank">Carbon-Free Technology Initiative</a></p> <p>Learn more about the <a href="/" target="_blank">Edison Foundation</a></p> </div> </div> </div>  </td> </tr> <tr> <td style="vertical-align:top">  </td> </tr> </tbody> </table> </div> </td> </tr> <tr> <td>  <div class="footer"> <div class="footer-image"> <img src="/-/media/Images/IEI/Edison-Foundation/IET_logo-footer.jpg?h=65&w=248&la=en&hash=A91B5B30B6FC97465E9979C617AB6AA9C0FB861C" alt="" /> </div> <div class="footer-address"> The Institute for the Energy Transition<br />701 Pennsylvania Avenue, NW <div style="display: inline; color: #7cc367; margin: 0 5px 0 5px">|</div> Washington, DC 20004<br />202-508-5000  <div style="display: inline; color: #7cc367; margin: 0 5px 0 5px"></div> </div> <div class="footer-questions"> </div> </div> <div class="FooterCopyrights FooterPadding"> <a href="/IET/privacy%20policy" style="color:white"> Privacy Policy </a> <div> © The Edison Foundation Institute for the Energy Transition. 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