[DOE, 22 August 2018]

The Department of Energy has announced $20 million of funding for 64 projects; this funding will be overseen by the Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). As these 64 projects may also receive matching funding from the private sector, the DOE hopes the projects will aid in developing the relationship between the DOE’s national labs and private businesses. U.S. Secretary of Energy Rick Perry stated of the project, “By connecting innovators at our national labs with entrepreneurs in the private sector, DOE is breaking down barriers and finding the nexus between ingenuity and opportunity.” Projects selected for funding have a variety of focuses, including electric vehicle charging, advanced nuclear reactor development, lithium-sulfur rechargeable batteries, and carbon capture.