US DOE to invest $130 mil in innovative energy research
Washington (Platts)--20Apr2011/523 pm EDT/2123 GMT
The US Department of Energy's advanced research arm Wednesday said it
will fund $130 million in research in five groundbreaking areas aimed at
securing US energy independence.
The Advanced Research Projects Agency-Energy will invest $30 million
each in the following projects: engineering plants to directly produce fuel;
high energy advanced thermal storage; the development of rare earth metal
alternatives; and electricity grid technology that will better allow more
integration of renewable energy.
It will also spend $10 million in advanced solar power technology.
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As with previous research solicitations, this new funding will be
available to universities, national labs and private sector researchers
through a competitive application process.
"ARPA-E is unleashing American innovation to strengthen America's global
competitiveness and win the clean energy race," Energy Secretary Steven Chu
said. "In addition to creating new jobs, breakthroughs in clean energy
technologies can reduce our country's dependence of foreign oil, decrease the
cost of clean electricity and build a sustainable infrastructure for future
generations of Americans."
DOE's ARPA-E aims to support high-risk, high-reward transformational
research that can revolutionize the way the US consumes and produces energy,
while improving US energy security and creating jobs.
ARPA-E, launched with $400 million in the 2009 economic stimulus
package, recently received another $180 million in federal funding, in the
fiscal 2011 spending bill that Congress passed last week. To date, the
program has funded 121 projects in power electronics, advanced battery
technologies, building cooling, electrofuels, grid energy storage, carbon
capture and other areas.
Six of those projects have gone on to secure more than $100 million in
outside private investment, DOE said. ARPA-E also recently signed an
agreement with Duke Energy and the Electric Power Research Institute to
develop some of ARPA-E's projects in pilot-scale tests.
--Herman Wang, firstname.lastname@example.org