The Energy Department’s Office of Electricity Delivery and Energy Reliability recently said it will provide funding for smart-grid and energy-storage research through the U.S.-India Partnership to Advance Clean Energy Research (PACE-R).
“Smart-grid and storage technology will transform how we produce and consume electricity, which has the potential to decrease carbon pollution by scaling up renewable energy deployment,” U.S. Secretary of Energy Ernest Moniz said. “Working collaboratively with India will accelerate solutions to drive down technology costs and improve grid resilience and reliability in both countries.”
The agreement, between the U.S. Department of Energy (DOE) and the Indian Ministry of Science and Technology (MST), will see both agencies contribute a combined $15 million over five years, split into $1.5 million from both each year. Private-sector partners in both countries have committed matching funds, for a total of $30 million dedicated to smart-grid and energy-storage research over the next five years.
Both countries launched the Partnership to
Advance Clean Energy (PACE) in 2009, and since then have divided their efforts
into three focus areas: Research (PACE-R), Deployment (PACE-D) and Access
(PEACE).
The new funding follows a 2012 five-year commitment of a combined $50 million dedicated to research consortia, solar energy, energy efficiency in buildings and next-generation biofuels.
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