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U.S. Energy Department to Invest $69 Million in Electric Vehicles, $30 Million in Storage Technology to Enhance Reliability

The U.S. Energy Department on May 1 announced funding opportunities for advanced electric vehicle projects focused on batteries and electrification including cyber security, materials for lighter weight vehicle structures and powertrains, as well as technology integration for overall system efficiency. The department also announced funding for a new program called “Duration Addition to electricity Storage,” or DAYS, to facilitate long-duration energy storage that can last up to 100 hours. The department is observant of the critical role of storage in the future grid with the ability to improve grid stability, provide backup power, and support renewable integration.

May 1, 2018
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