08 Jul '15, 12pm

Energy Department to Power Grid Innovators: We Have Money and We Want to Hear From You

Energy Department to Power Grid Innovators: We Have Money and We Want to Hear From You

The U.S. Department of Energy (DOE) under the Obama administration has focused heavily on driving down the cost of renewable energy technologies. Now it is shifting focus to the technologies that will help integrate those ever-cheaper renewables onto the grid. According to a top official, the DOE is planning an agency-wide push to fund "advanced technologies that drive innovation on the grid edge" -- including power electronics, sensors and grid modeling tools. David Danielson, assistant secretary for the office of energy efficiency and renewable energy at DOE, made the comments at GTM's recent Grid Edge Live conference. Danielson said he is helping steer between $75 million and $100 million toward grid modernization investments over the coming months. The funding opportunity, which hasn't yet been officially announced, is a small piece of a 10-year, $3.5 billion spending ...

Full article: http://www.greentechmedia.com/articles/read/energy-depart...

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