MIT Year End Energy Review touts PHEVs

The MIT Technology Review reports plug-in hybrids a big 2006 energy story:
"The plug-in hybrid-vehicle era begins.
For years, hobbyists and a few companies have been adding bigger battery packs to hybrid vehicles, which have both battery power and an internal combustion engine, and plugging them into electrical outlets. This allows the cars, which typically rely on the electric power only for short bursts or to assist the onboard gasoline engine, to run on electricity alone for short trips. The idea of the "plug-in hybrid" has now caught the attention of government officials and researchers, who note that gas consumption would plummet if drivers could rely almost exclusively on electricity for average daily driving of about 33 miles. The gasoline engine would be available to boost performance and make it possible to use the car for long trips. Now the major car companies are taking notice and are finally developing plug-in hybrids. (See "GM's Plug-In Hybrid.") Meanwhile, researchers are beginning to anticipate benefits from plug-ins beyond gasoline conservation: millions of plug-in vehicles could serve as massive energy storage to stabilize the electric grid and make renewable energy sources more feasible. (See "How Plug-In Hybrids Will Save the Grid.") Battery costs still need to drop before such cars will approach the price of conventional hybrids or gas-only vehicles. But better batteries are already becoming available.

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