Quick Note: DOE Awards $120M for New Battery, Grid Storage Research Facility
December 4, 2012 12:14 AM
comment(s) - last by
The Joint Center for Energy Storage Research (JCESR) is expected to be the most advanced energy storage research program in the U.S.
Argonne National Lab is jump-starting a new
Batteries and Energy Storage Hub
that is expected to significantly advance battery technology for vehicles and the grid.
The Batteries and Energy Storage Hub, which will be known as the Joint Center for Energy Storage Research (JCESR), is expected to be the most advanced energy storage research program in the U.S. It will offer the data needed for scientists to make huge strides in the energy sector.
JCESR, which is ran by Argonne National Lab Senior Scientist George W. Crabtree, was chosen for a $120 million award over a five-year period. With this money, it'll bring together the efforts of other independent research programs for new battery advances.
More specifically, the advancements will focus on transportation and the grid. As far as transportation goes, research and development will work on increasing the electric range for vehicle batteries. On the grid side, increasing storage capabilities for energy-producing mediums like wind, solar and hydropower will improve efficiency and flexibility.
This new hub falls in line with the U.S. Department of Energy's (DOE) plan to
focus 2013 spending
on electric vehicles and grid modernization.
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RE: Better late than never
12/5/2012 9:20:14 AM
The politicians/government also have political favors/clout/campaign money/etc. to gain here. There are virtually always political incentives driving these things way ahead of any altruistic intentions about making society better. That is why government investments rarely work out. They aren't based on economics or solid business plans.
You are right, however, that companies far ahead of everyone else do tend to hold back their maximum innovations to milk maximum profits (think Intel). The problem with that theory is, no company is coming to the market with anything better for batteries so I don't think that holds true in this case.
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