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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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The amount is just a fraction of the estimated $35 trillion needed to be spent on the energy transition by 2030, according to the International Renewable Energy Agency. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Manufacturing the additional 2.7 billion.

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ARPA-E awards $35M to 16 REFUEL projects for energy-dense carbon-neutral liquid fuels; leveraging ammonia

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The Energy Department’s Advanced Research Projects Agency-Energy (ARPA-E) has selected 16 projects for a combined $35 million in funding under the new program “Renewable Energy to Fuels Through Utilization of Energy-Dense Liquids (REFUEL)”. Earlier post.) hydrogen or electricity). FuelCell Energy, Inc. Gas Technology Institute. Giner, Inc.

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DOE selects eight integrated biorefinery projects for up to $15M total in funding

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Under Topic Area 1 (DOE selection): Thermochemical Recovery International Inc. Baltimore, Maryland)—Thermochemical Recovery International (TRI) will study and improve feedstock and residual solids handling systems targeted to commercial pyrolysis and gasification reactors.