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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.

Carbon 333
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DOE awarding more than $50M to 15 projects to advance critical material innovations

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Critical materials are used in many products important to the US economy and energy technologies, such as rare-earth elements used to manufacture high-strength magnets for offshore wind-turbine generators and lithium and cobalt in lithium-ion batteries for electric vehicles.

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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%

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DOE to award $35M to 24 projects to support early-stage, innovative technologies and solutions in advanced manufacturing

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Bio2Electric’s project will demonstrate a novel conversion process to produce ethylene (a widely used commodity chemical) from natural gas, with the goal of reduced greenhouse gas emissions, lower reactor capital and lower operating expense compared to current industry practice. Massachusetts Institute of Technology.

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

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In the first group, 16 awards totaling $435 million will support fully integrated, regional Smart Grid demonstrations in 21 states, representing more than 50 utilities and electricity organizations with a combined customer base of almost 100 million consumers. DOE funding $60,280,000, total project value including cost share $120,560,000).

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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. —Philippe Boisseau, President Total Gas & Power.

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ARPA-E Selects 37 Projects for $106M in Funding in Second Round; Electrofuels, Better Batteries and Carbon Capture

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The second round was focused specifically on three areas of technology representing new approaches for advanced microbial biofuels (electrofuels); much higher capacity and less expensive batteries for electric vehicles; and carbon capture. Electrofuels: Biofuels from Electricity. The grants will go to projects in 17 states.

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