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DOE to Provide Commercialization Funds for 54 Energy Tech Projects; Lynn Orr Comments

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Energy DepartmentThe Energy Department will allocate up to $16 million in funds to support 54 projects that aim to bring new energy management technologies into the marketplace.

DOE said Tuesday the winning projects for the first round of funding under its Technology Commercialization Fund involve 52 industry partners at 12 department-backed national laboratories.

“Deploying new clean energy technologies is an essential part of our nation’s effort to lead in the 21st century economy and in the fight against climate change,” said Lynn Orr, DOE undersecretary for science and energy.

“The funds announced today will help to accelerate the commercialization of cutting-edge energy technologies developed in our national labs, making them more widely available to American consumers and businesses,” Orr added.

DOE solicited proposals from national laboratories in February as part of the TCF program and received 104 applications for projects that require additional technology maturation in order to attract a private-sector partner and cooperative initiatives focused on commercial applications of laboratory-developed technology.

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