Targeted News Service
WASHINGTON, April 29 The U.S. Department of Energy has issued a 60-page report dated January 2021 entitled: Effect of Hyperloop Technologies on the Electric Grid and Transportation Energy .
Executive Summary
Hyperloop technology, initially proposed in 2013 as an innovative means for intermediate-range or intercity travel, is now being developed by several companies. Proponents point to potential benefits for both passenger travel and freight transport, including time-savings, convenience, quality of service and, in some cases, increased energy efficiency. Because the system is powered by electricity, its interface with the grid may require strategies that include energy storage. The added infrastructure, in some cases, may present opportunities for grid-wide system benefits from integrating hyperloop systems with variable energy resources.