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The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them. Some officials, industry experts and others concerned about climate change uneasy supply of battery materials will not keep pace with demand. The Bipartisan Infrastructure Law assigned $6 billion in total funding for battery material processing and manufacturing. An initial round went to 15 projects including companies that mine critical minerals like graphite and nickel, used in lithium batteries. Tom Moerenhout, a professor at Columbia University's Center on Global Energy Policy, said it will be a big challenge to ramp up the global supply of critical minerals for the projected battery demand in 2030.
Persons: Harris, Jodie Lutkenhaus, “ I’m, , ” Lutkenhaus, Matthew McDowell, Tom Moerenhout, , Moerenhout Organizations: Energy Department, DOE, Biden, Texas, M University, Infrastructure Law, Georgia Institute of Technology, Columbia University's Center, Global Energy, Companies, ____, AP Locations: Asia, Albemarle, Kings Mountain , North Carolina, U.S
The Energy Department has announced a $325 million investment in new battery types that can help turn solar and wind energy into 24-hour power. Batteries are increasingly being used to store surplus renewable energy so that it can be used later, during times when there is no sunlight or wind. The department says the projects will protect more communities from blackouts and make energy more reliable and affordable. “Long-duration battery storage is like a rainy-day savings account for energy storage,” said Jodie Lutkenhaus, professor of chemical engineering at Texas A&M University. This one is led by the California Energy Commission in collaboration with Faraday Microgrids.
Persons: , Christopher Rahn, , Jodie Lutkenhaus, ” Lutkenhaus, Amanda Smith, Faraday, Rejoule, Infrastructure David Crane, Elisabeth Moyer, ” Rahn Organizations: Energy Department, Pennsylvania State University, Texas, M University, , Law, Xcel Energy, Energy, Children's, California Energy Commission, Smart Systems, EV, Canada . Energy, Infrastructure, University of Chicago, AP Locations: Lake, American, Minnesota, U.S, California , New York, Hawaii, Becker , Minnesota, Pueblo , Colorado, California's, Madera, Georgia , California, South Carolina, Louisiana, Petaluma , California, Santa Fe , New Mexico, Canada
Total: 2