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Thursday, December 19, 2019

USA: Funding Opportunity for Advanced Geothermal Energy Storage

EERE Issues Funding Opportunity Announcement for Phase I Innovation Projects (DOE/EERE/GTO)

Maximum Phase I Award Amount: $200,000 Maximum Phase II Award Amount: $1,100,000

The U.S. Department of Energy Office of Energy Efficiency and Renewable Energy (EERE) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program issued a Funding Opportunity Announcement for approximately $40 million in Phase I innovation projects for FY2020.

This year’s topics cover key agency priorities such as critical materials, energy storage, grid integration, water security, cybersecurity, and the circular economy.

Of particular interest is the topic on Advanced Geothermal Energy Storage.  The Geothermal Technologies Office (GTO) is focused on significantly increasing geothermal electricity generation and the use of geothermal heat pumps and district heating by 2050. By adding energy storage capability to geothermal resources, the power produced or offset can be dispatched as necessary based on changing grid conditions, further expanding the usage and utility of geothermal energy. Because deploying advanced geothermal energy storage contribute to grid reliability, flexibility, resilience and security, this technology area also supports DOE’s Grid Modernization Initiative. Questions – Contact: William Vandermeer, william.vandermeer@ee.doe.gov

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