DOE to invest $60 million in solar power technology
The Dept. of Energy is planning to invest the money in Concentrating Solar Power (CSP) technologies to reduce costs and make future investments more viable.
As part of the U.S. Dept. of Energy’s SunShot Initiative, Energy Secretary Steven Chu today announced a $60 million investment over 3 years for applied scientific research to advance cutting-edge Concentrating Solar Power (CSP) technologies. CSP technologies use mirrors to reflect and concentrate sunlight to produce heat, which can then be used to produce electricity. Funded through DOE’s Office of Energy Efficiency and Renewable Energy, this research supports DOE’s SunShot Initiative, a collaborative national effort to reduce the cost of solar energy 75 percent to make it cost competitive with other forms of energy by the end of the decade. DOE’s SunShot investments in solar energy research is designed to encourage rapid, widespread adoption of solar energy systems across the country, help the solar power industry overcome technical barriers and reduce costs, boost U.S. competitiveness in the worldwide market for solar technologies, and provide support for clean energy jobs for years to come.
“Our nation is in a global race to produce cost-competitive renewable energy that can create manufacturing jobs, cut our reliance on fossil fuels, and reduce carbon emissions,” said Secretary Chu. “The funding announced today through the SunShot Initiative will help unleash the vast potential of solar energy to diversify our energy portfolio, create clean energy jobs, and re-establish U.S. global leadership in this fast growing industry.”
Through this solicitation, the Department seeks to support research into technologies that have the potential to dramatically increase efficiency, lower costs, and deliver more reliable performance than existing commercial and near-commercial CSP systems. DOE expects to fund between approximately 20 and 22 projects, and encourages industry, universities, and National Laboratories to apply.
This SunShot CSP opportunity seeks to develop innovative concepts that could lead to performance breakthroughs like improving efficiency and temperature ranges, and demonstrate new approaches in the design of collectors, receivers, and power cycle equipment used in CSP systems. Each of these subsystems is critical to CSP operation: the collectors collect and concentrate the Sun’s energy onto the receiver; the receiver accepts and transfers the heat energy to the power cycle; and the power cycle converts the heat energy into electricity. Developing low-cost collectors, high-temperature receivers, and high-efficiency power cycles should lead to subsequent system integration, engineering scale-up, and eventual commercial production for clean electricity generation applications.
- Edited by Chris Vavra, Consulting-Specifying Engineer, www.csemag.com
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Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey