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The Industrial Effectivity and Decarbonization Office launched the Industrial Energy Storage Strategies Prize, a $4.8 million downside in search of cost-effective vitality storage choices which will assist an industrial facility’s thermal or electrical vitality needs.
Proper now, the U.S. Division of Energy’s (DOE) Industrial Effectivity and Decarbonization Office (IEDO) launched the Industrial Energy Storage Strategies Prize, a $4.8 million downside in search of cost-effective vitality storage choices which will assist an industrial facility’s thermal or electrical vitality needs. Trendy vitality storage utilized sciences shall be essential to help the US meet rising electrical vitality demand and place the nation to information in world markets.
America’s industrial sector creates provides and merchandise essential to our daily lives — from the cement used to assemble our roads to the steel and iron in our buildings, railways, and residential gear. This crucial sector accounts for one-third of the nation’s principal vitality use and rising its flexibility is essential to using our vitality property as successfully as attainable. Energy storage choices that could be charged by thermal or electrical sources and provide heating, cooling, and/or vitality to industrial providers can enhance effectivity, reduce air air pollution, and help improve most of the people properly being of People in communities all through the nation. Enabling info coronary heart flexibility via vitality storage choices is usually a key part of DOE’s method to deal with the anticipated rise in electrical vitality demand from info amenities as outlined throughout the new 2024 Report on U.S. Data Center Energy Use. Trendy vitality storage choices can reduce further burden on {the electrical} grid, whereas rising resilience, lowering costs, and giving producers bigger administration and flexibility over the availability of vitality and the best way it’s going to get built-in into their processes.
For this prize, IEDO invites submissions of thermal vitality storage choices all through three courses representing quite a lot of temperatures of enterprise relevance:
- Industrial cooling vitality storage
- Extreme-temperature (>300°C) industrial vitality storage
- Industrial thermal storage for hybrid cooling, heating, and vitality.
Opponents will advance their vitality storage choices in course of market adoption over the course of three phases: Design, Advance, and Validate. Throughout the Design part, as a lot as 18 winners shall be chosen for his or her cost-effective concepts (with six winners anticipated to be chosen in each class). Worthwhile teams will each get hold of $100,000 in cash and be eligible to compete in Part 2.
Capabilities for Part 1 of the Industrial Energy Storage Strategies Prize are due April 29, 2025, at 5 p.m. ET. Solely Part 1 winners shall be eligible to compete in Part 2.
Go to the Industrial Energy Storage Prize web page to study to use and register for an informational webinar on Jan. 28, 2025, at 2 p.m. ET.
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