U.S. Energy Department to Invest $300 Million in Sustainable Transportation Initiatives

PUBLISH DATE
27 Jan, 2020 at 10:00 am
Vermont Legislation Creates Initiatives to Cut emissions From Thermal Energy, Transportation Sectors

The U.S. Energy Department will provide funding to advance sustainable transportation resources and technologies, with a focus on spurring further innovation in advanced batteries, innovative hydrogen concepts, and biofuels.

The funding opportunity will be issued on behalf of the agency’s three transportation offices – Vehicle, Fuel Cells, and Bioenergy Technology Offices. The investment aims to provide new energy and efficiency opportunities to continue growth in the evolving market. The agency will provide:

  • $133 million in advanced batteries and electrification; advanced engine and fuel technologies and alternative fuels technology demonstrations.
  • $64 million to advance the H2@Scale initiative, which supports innovative hydrogen concepts that will encourage market expansion and increase the scale of hydrogen production, storage, transport, and use.
  • $100 million to support the bioeconomy by reducing the price of drop-in biofuels, lowering the cost of biopower, and enabling high-value products from biomass
SOURCE
Department of Energy Announces Nearly $300 Million for Sustainable Transportation Research



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