The US Department of Energy (DoE) has announced $100 million in funding to support Joe Biden’s clean energy innovation agenda.
The funding will be issued through the Advanced Research Projects Agency-Energy’s (ARPA-E) OPEN 2021 funding opportunity to fund the research and development of transformative clean energy technologies.
Since its founding in 2009, ARPA-E has provided $2.4 billion in R&D funding and attracted more than $4.9 billion in private-sector follow-on funding to commercialise clean energy solutions.
The aim of the funding is to identify cutting-edge, disruptive clean energy technologies to address the climate crisis.
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This is the first of billions in funding set to be released by the DoE to fund innovation of clean energy solutions.
In addition to releasing the funding, the DoE will also participate in the White House’s National Climate Task Force’s Climate Innovation Working Group.
The working group will coordinate federal government-wide efforts to foster affordable, game-changing technologies that can help America achieve the President’s goal of net-zero economy-wide emissions by 2050, and emphasise research to bolster and build domestic clean energy supply chains and strengthen American manufacturing.
DoE Chief of Staff Tarak Shah, said: “Today we are inviting scientists, inventors, entrepreneurs and creative thinkers around America to join us in developing the energy technologies we need to tackle the climate crisis and build a more equitable clean energy economy.
“The Department of Energy is committed to empowering innovators to develop bold solutions that will help America achieve net-zero emissions by 2050 while creating millions of good-paying jobs that benefit all Americans.”
House Speaker Nancy Pelosi, adds: “This exciting step is a key pillar of the Democratic Congress and Biden-Harris Administration’s mission to not only reverse the recent anti-science, anti-climate agenda but to Build Back Better – while creating millions of good-paying jobs, protecting public health, advancing America’s preeminence in the green technologies of the future and advancing justice for all.”