Department of Energy Announces $30 Million for Electric Grid Energy Storage Projects
May 11, 2018
The Department of Energy (DOE) recently announced up to $30 million in funding for selected projects under a new Advanced Research Projects Agency-Energy (ARPA-E) program. The Duration Addition to electricitY Storage (DAYS) program is soliciting projects that will allow for long-term electric grid energy storage, using innovative new technologies. Selected projects will develop energy storage systems that use energy at a more economical rate than current systems, and can function in a universal location.
In a press release, DOE Secretary of Energy Rick Perry explained, “Building the grid of tomorrow will require new tools and technologies to ensure Americans have access to affordable and secure energy. At DOE, we are peering over the energy horizon and identifying the key technologies we need to support the power system of the future. These new storage options will offer us the opportunity to make the grid more resilient while enabling greater integration of our domestic energy resources.”
For more information on the DAYS program, visit: https://arpa-e.energy.gov/?q=arpa-e-programs/days