Powerhouse partnership aims for a better grid
The US Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) plans to work with Duke Energy and the Electric Power Research Institute (EPRI) to identify opportunities for testing and deploying ARPA-E-funded projects that will bolster the electric grid.
Duke Energy is one of the largest electric power companies in the United States. The EPRI is a non-profit research organisation that focuses on the electric power utility industry in the US and abroad.
The joint effort is aimed at identifying opportunities to expand cutting-edge smart-grid developments, grid-scale energy storage, power electronics and energy-efficient cooling technologies, among others. The umbrella deal, which will allow for similar partnerships with other utilities, comes two months after ARPA-E announced six of its projects have secured more than $100 million in outside private capital investment.
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