Department of Energy Announces Funding Opportunity for Advanced Energy Storage Projects
May 11, 2020
The Department of Energy’s (DOE) Office of Fossil Energy (FE) has issued a Notice of Intent for a potential funding opportunity announcement (FOA) for advanced energy storage projects as part of the Department’s broader Energy Storage Grand Challenge. This new opportunity, Energy Storage for Fossil Power Generation, will award research projects that develop energy storage technologies for existing fossil-fueled power plant with the aim of improving performance, reliability, and flexibility of the nation’s fossil-fueled assets. The Department is specifically looking for projects that can leverage the low-cost production of hydrogen from fossil fuels with zero or near-zero.
The sub-objectives of this FOA include:
- Advance near-term, system-integrated, energy storage solutions toward commercial deployment at fossil assets.
- Mature promising mid-TRL (Technology Readiness Level), component-level, energy storage solutions toward eventual system integration with fossil assets.
- Develop innovative, low-TRL concepts and technologies that offer game-changing benefits for fossil assets.
Note that the Department has only issued a Notice of Intent and has not yet announced the full FOA. ASME will monitor the opportunity. For more information, please visit: https://www.energy.gov/fe/articles/energy-department-announces-intent-fund-energy-storage-projects.