ASME.MVC.Models.DynamicPage.ContentDetailViewModel ContentDetailViewModel
DOE Report on Clean Energy Technology Commercialization

DOE Report on Clean Energy Technology Commercialization

The U.S. Department of Energy (DOE) recently announced the launch of its Pathways to Commercial Liftoff initiative, a set of reports that represent a new department-wide effort to strengthen engagement between the public and private sectors to accelerate the commercialization and deployment of key clean energy technologies. The reports provide the private sector and other industry partners with a valuable resource on how and when certain technologies—beginning with clean hydrogen, advanced nuclear, and long duration energy storage—can reach full scale deployment.
 
The 2021 Bipartisan Infrastructure Law and 2022 Inflation Reduction Act provided the Department of Energy billions of dollars to invest in and support large-scale demonstration and deployment of clean energy technologies over the next decade. The new DOE reports concluded that by 2030, cumulative investments must increase to approximately $300 billion across the hydrogen, nuclear, and long duration energy storage sectors, with continued acceleration until 2050 required to stay on track to realize long-term decarbonization targets. 
 
Find out more information about the reports here.
 

You are now leaving ASME.org