Industrial Energy Storage Systems Prize
Pays teams through three phases culminating in a $400,000 award to develop cost-effective energy storage for industrial facilities.
Winning Phase 3 teams may be required to work with ITO to generate a validation report for the Industrial Technology Validation program, on top of the possible cooperative agreement for continued development. The bench-scale data collected in Phase 2 is meant specifically to feed a techno-economic and/or life-cycle analysis showing the concept would work for real industrial partners, not just to p…
The prize wants cost-effective thermal or electric energy storage concepts that work at industrial-facility scale and apply across industrial sectors -- cooling, high-temperature (over 300C), or hybrid cooling/heating/power storage. It's looking for solutions that can shift energy demand so on-site or nearby renewables can better meet a facility's heat or power needs.
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