The Energy DepartmentÂ willÂ allocateÂ up toÂ $16 million in fundsÂ toÂ support 54 projects that aimÂ to bring newÂ energy management technologies into the marketplace.
DOE said TuesdayÂ the winning projectsÂ for the first round of funding under itsÂ Technology Commercialization Fund involveÂ 52 industryÂ partners at 12 department-backed national laboratories.
“Deploying new clean energy technologies is an essential part of our nationâs effort to lead in the 21st century economy and in the fight against climate change,” saidÂ Lynn Orr, DOE undersecretary for science and energy.
âThe 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 andÂ received 104 applications forÂ projects that requireÂ additional technology maturation in order to attract a private-sector partnerÂ and cooperative initiativesÂ focused onÂ commercial applications of laboratory-developed technology.