incubator
Image credit: Stock

The US Department of Energy has announced $98 million in funding towards research and development (R&D) of innovative technologies to transform the country's energy system.

The funding will be issued by the Advanced Research Projects Agency-Energy as part of the OPEN 2018 initiative.

Some 40 R&D projects in 21 states will benefit from the project.

Approximately 43% of the projects will be led by universities, 35% by small businesses, and the remainder by large businesses, non-profit organisations or federally funded research and development centers.

The projects will research nine technical categories including transportation, electricity generation and delivery, and energy efficiency.

Rick Perry, US Secretary of Energy, said: “ARPA-E’s open solicitations serve a valuable purpose. They give America’s energy innovators the opportunity to tell us about the next big thing.

“Many of the greatest advances in human history started from the bottom up with a single person or idea, and OPEN 2018 provides a chance to open our doors to potentially the next great advancement in energy.”

For instance, the Arizona State University will use $2,8 million of the funding to develop learning-ready models and control tools to maintain sensor-rich distribution systems in the presence of high levels of distributed energy resources and storage.

The University of California, San Diego, is developing a universal battery integration system that utilises second-life batteries from electric vehicles to maintain the reliability of its energy system.

The University of Wisconsin-Madison will develop an online monitoring tool to assess the stability of the power grid.

To view the complete list of selected OPEN 2018 projects, click HERE.