Bold, Transformational Energy Research Projects Win $151 Million in Funding
U.S. Department of Energy, October 26 2009
The Department of Energy today announced major funding for 37 ambitious research projects including some that could allow intermittent energy sources like wind and solar to provide a steady flow of power, or use bacteria to produce automotive fuel from sunlight, water and carbon dioxide.
The $151 million in funding is being awarded through the Department's recently-formed Advanced Research Projects Agency-Energy ("ARPA-E"). ARPA-E's mission is to develop nimble, creative and inventive approaches to transform the global energy landscape while advancing America's technology leadership. This is the first round of projects funded under ARPA-E, which is receiving total of $400 million under the American Recovery and Reinvestment Act.
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