US DoE announces Champions, Finalists for Energy Storage Innovations Prize
- Cryostone, Houston, TX
- RCAM Technologies, Los Angeles, CA
- Gravity Power LLC, Santa Barbara, CA
- Electrified Thermal Solutions, Medford, MA
- KineticCore Solutions, Loveland, CO
- Rondo Energy, Alameda, CA
- Thermal Battery Corporation, Cambridge, MA
- THEMES LLC, Houston, TX
- NerG Solutions, Knoxville, TN
- Cache Energy, Champaign, IL
Gene Rodrigues, OE Assistant Secretary for Electricity, commented on the innovations challenge, "Cost-effective, long-duration, and grid-scale energy storage is essential to supporting the nation's electric infrastructure in the transition to clean energy. The Energy Storage Innovations Prize showcases American innovation across a wide spectrum of energy storage research areas."
Submissions to the competition were judged on the innovation's quality, including a pathway to DOE's levelized cost of storage goals, strength of plan, and other unique benefits, such as supply chain considerations and equity, according to DoE.
The Energy Storage Innovations prize supports the Energy Storage Grand Challenge and Long Duration Storage Shot. These initiatives aim to reduce by 2030 the cost of grid-scale energy storage by 90 percent for systems that deliver 10 or more hours of electricity.
DOE is technology-agnostic in its approach to energy storage, and is considering all types of technologies, including electrochemical, mechanical, thermal, chemical carriers, and more.