- The US Department of Energy (DOE) has announced over $30 million in federal funding.
- The awards are facilitated by the DOE Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF).
The US Department of Energy (DOE) has announced over $30 million in federal funding, matched by over $35 million in private sector funds, for 68 projects.
This will accelerate the commercialisation of promising energy technologies — from clean energy and advanced manufacturing to building efficiency and next-generation materials.
These awards will help deploy innovative solutions from DOE’s National Labs into the marketplace, creating new jobs and businesses while strengthening the nation’s economic competitiveness and achieving President Biden’s goal of net-zero carbon emissions by 2050.
Secretary of Energy Jennifer M. Granholm said, “President Biden is serious about making sure America corners the clean energy market—and that means we need to work with our nation’s savviest entrepreneurs to fast-track solutions from DOE’s National Labs into commercial-ready technologies.” He noted, “These projects will help us deploy game-changing innovations that position us to win the clean energy race while creating jobs and opportunity across every pocket of the country.”
The awards are facilitated by the DOE Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). The Energy Policy Act of 2005 created the TCF to help catalyze the agency’s research, development, demonstration, and deployment efforts into affordable, market-ready energy solutions by strengthening partnerships between DOE’s National Labs and American entrepreneurs.
To date, the TCF has funded more than 380 projects by unlocking more than $170 million in funding from more than 300 private sector partners, including automotive manufacturers, energy storage companies, utilities, bioenergy companies, solar providers, and aerospace companies. To receive a TCF award, National Lab teams must receive a commitment from private sector partners to match at least 50 per cent of the anticipated federal funding.
“The innovations of tomorrow will be based on our investments today. So, as we allocate federal funding, we must prioritize renewable energy and efficiency solutions that will allow us to build a sustainable and just society. This $30 million investment from the Department of Energy is an investment in the next economy, good jobs, and our health and safety as we move rapidly toward net-zero carbon emissions,” said US Representative Jamaal Bowman.
Furthermore, this year’s selected TCF projects represent 12 DOE National Labs across the nation, supported by partners in 25 states and four countries, including:
Ames Laboratory—$343,500
Argonne National Laboratory—$4,150,000
Idaho National Laboratory—$1,175,000
Lawrence Berkeley National Laboratory—$2,029,599
Lawrence Livermore National Laboratory—$3,130,000
Los Alamos National Laboratory—$4,724,659
National Energy Technology Laboratory—$150,000
National Renewable Energy Laboratory—$5,044,337
Oak Ridge National Laboratory—$5,126,689
Pacific Northwest National Laboratory—$4,819,579
Sandia National Laboratories—$2,092,523
SLAC National Accelerator Laboratory—$115,000