As part of an initiative designed to promote scientific research in the U.S., President Obama and the Department of Energy (DOE) have launched a $400 million Advanced Research Projects Agency-Energy (ARPA-E). In addition, the DOE is expected to announce grants to establish 46 Energy Frontier Research Centers.
ARPA-E is a new DOE organization modeled after the Defense Advanced Research Projects Agency. ARPA-E will award grants to recipients that enhance the economic and energy security of the U.S. through the development of breakthrough energy technologies; reduce the need for consumption of foreign oil; reduce energy-related emissions, including greenhouse gases; improve the energy efficiency of all economic sectors; and ensure that the U.S. maintains a technological lead in developing and deploying advanced energy technologies.
ARPA-E will fund energy technology projects that translate scientific discoveries and cutting-edge inventions into technological innovations and accelerate transformational technological advances in areas that the industry is not likely to undertake independently because of high technical or financial risk, according to the White House and the DOE.
The DOE will also be supporting 46 Energy Frontier Research Centers with a total planned commitment of $777 million. These centers will address current fundamental scientific roadblocks to clean energy and energy security.
SOURCE: Department of Energy