By Debi Dash on Friday, 15 July 2022
Category: Buzz

DOE announces $18 million to streamline the commercialization of clean energy tech

The U.S. Department of Energy (DOE) has announced $18.4 million through the Technology Commercialization Fund (TCF) for seven national laboratory projects to get more clean energy technologies to the marketplace.

The selected national laboratories will address barriers, gaps, and root causes of commercialization challenges for emerging clean energy technologies. Accelerating commercialization pathways supports President Biden's goal of deploying clean energy to reach net-zero carbon emissions by 2050 while strengthening the American economy through increased domestic manufacturing and the creation of good-paying jobs.

"Accelerating how quickly we get novel technologies to the marketplace will allow us to deploy the clean energy sources needed to combat climate change, lower energy costs, and keep us on course to reaching President Biden's decarbonization goals," said U.S. Secretary of Energy Jennifer M. Granholm.

"DOE's national laboratories are stepping up to address the urgent need to develop solutions for expedited clean energy technology commercialization – from the time a product is researched, developed, and patented to its widespread use."

New clean energy technologies are critical to meeting the nation's climate goals, but they face unique barriers to commercialization. Selected lab projects will use a holistic approach to identifying and addressing common barriers that clean energy technology companies face when working to successfully commercialize a product.

TCF, established by Congress through the Energy Policy Act of 2005 and reauthorized by the Energy Act of 2020, provides new flexibilities to promote promising energy technologies. On February 15, 2022, nine DOE program offices subsequently issued the "Core Laboratory Infrastructure for Commercialization," a first-of-its-kind call for national laboratories to develop infrastructure for clean energy technology commercialization.

"I authored the legislation that established this revamped version of the Technology Commercialization Fund at the Department of Energy," said U.S. Senator Martin Heinrich (NM).

"I am thrilled that these awards will empower our national labs—including Sandia in New Mexico—to build strong partnerships with local private sector startup companies and grow commercialization and manufacturing ecosystems around promising clean energy technologies developed by Department of Energy researchers."

"New Mexico's National Laboratories play a central role in strengthening our nation's scientific leadership and our economy," said U.S. Senator Ben Ray Luján (NM).

"In Congress, I'm proud to have championed and led bipartisan initiatives in the House and Senate competition packages to support the lab's research and development efforts in the industries of the future; to modernize our lab's infrastructure, and accelerate the commercialization of innovative technologies. Today's announcement of over $18 million in investments in our Labs from the DOE's Technology Commercialization Fund represents a key investment in the United States' STEM workforce, its long-term economic competitiveness, and a better quality of life for New Mexicans and all Americans." 

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