Thursday, May 24, 2012

Technology:

Small Tech Firm Wins Government Grant for Geothermal Turbine (Boulder County Business Report)


The SolarHeart® Engine, that converts low temperature 
heat energy (100°C to 300°C) into electricity. 
(Courtesy Cool Energy Inc.)
A company in the Boulder Valley, Colorado, USA, will receive a grant from the federal Department of Energy for a project on power generation from geothermal heat.

Cool Energy Inc. is working on a low-temperature Stirling engine for geothermal electricity generation. The system will be designed for geothermal wells and oil and gas wells. If widely deployed, this approach could replace up to 100 fossil-fuel power plants. 

The Small Business Innovation Research grants are part of $11 million in innovation grants announced Wednesday for small businesses across the nation to work on research projects ranging from designing better wind turbines to fuel-cell technology and coal-energy research. The small businesses selected will be eligible to compete for a second phase of the program for awards up to $1 million over two years.