The Electric Program Investment Charge (EPIC) Program is California’s premier electricity sector research and development program. EPIC drives innovation and advances science and technology in energy efficiency, load flexibility, renewable energy and advanced clean generation, transportation, grid transmission and distribution, and energy-related environmental protection, among other areas important to California’s electricity system. This report summarises the progress and status of EPIC-funded CEC activities from January 1, 2024, through December 31, 2024. 

In addition, many companies and projects funded in prior years began to achieve technology validation, at-scale deployment, early-stage manufacturing, and product commercialization in 2024, enhancing the affordability, accessibility, sustainability, resilience, and safety of the clean energy transition.

The report concludes that the CEC looks forward to building on EPIC successes to date in 2025 and further accelerating clean energy innovation in the development pipeline after a productive year in 2024. EPIC advances can enable California to meet its clean energy mandates and aspirations more quickly, equitably, affordably, effectively, and efficiently. EPIC investments provide critical validation to policy makers, private sector investors, and ratepayers regarding the performance, cost savings, and safety of new clean energy technologies. 

Access the report here