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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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Clean Energy Ventures leads investment battery startups Nth Cycle and Volexion; upstream, downstream

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Volexion has developed a graphene coating technology for the cathode that boosts energy and power density, cycle life and safety in a low-cost process. N th Cycle uses a process called electro-extraction to recover cobalt and other minerals from discarded batteries and mining ores and waste using only electricity and carbon filters.

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DOE to award $10.2M to 16 solid oxide fuel cell projects

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The system will operate on natural gas and connect directly to the electric grid. The prototype SOFC power system will incorporate current technologies and operate under a range of environmental conditions for at least 5,000 hours to assess progress of system durability, performance, and operating cost. Boston University.

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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Concentric Ring Gas Atomization Die Design for Optimized Particle Production, $150,000 Praxair, Indianapolis, Ind. Extension of Core Restrain Design Code NUBOW-3D to Lead Cooled Fast Reactor Systems, $75,000 Westinghouse Electric Company, Cranberry Township, Pa. Selected Labs and Partners. Ames Laboratory. Argonne National Laboratory.

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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 report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Real weighted average cost of capital is 7.5% —Adnan Z.

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