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DOE announces $11.5M in Phase 1 funding for carbon capture and storage program; ARPA-E FLECCS

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FLECCS project teams will work to develop carbon capture and storage (CCS) processes that better enable technologies, such as natural gas power generators, to be responsive to grid conditions in a high variable renewable energy (VRE) penetration environment. The team’s approach uses a novel and low-cost heat-pump thermal storage system.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. Smart grid regional demonstrations involving plug-in vehicles include (ranked by DOE funding): Columbus Southern Power Company (doing business as AEP Ohio).

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ARPA-E to award $27M for advanced nuclear reactor systems operational technology: GEMINA

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These projects will work to develop digital twin technology to reduce O&M costs in the next generation of nuclear power plants. Advanced nuclear reactors have the potential to provide reliable and low-cost clean power to millions of American homes.

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DOE selects 15 projects for $32M to advance lower-cost fusion concepts; ARPA-E BETHE

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BETHE projects will work to deliver higher-maturity, lower-cost fusion options via three research categories: Concept Development to advance the performance of inherently lower-cost but less-mature fusion concepts; Component Technology Development that could significantly reduce the capital cost of higher-cost, more-mature fusion concepts; and.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

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Boston, Massachusetts) will develop a cost-effective, high efficiency, power take-off system for a wave energy converter, a mechanism to convert water’s mechanical energy into usable electricity. The project will assess the cost of manufacturing these systems at various scales. DOE Funding: $240,000. Resolute Marine Energy, Inc.

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DOE ARPA-E awards $156M to projects to 60 projects to accelerate innovation in clean energy technologies

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The new ARPA-E selections focus on accelerating innovations in clean technology while increasing US competitiveness in rare earth alternatives and breakthroughs in biofuels, thermal storage, grid controls, and solar power electronics. University of Massachusetts, Amherst. High Performance, Low Cost Superconducting Wires and Coils.

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