Department of Energy Announces $100 Million Available for Innovative Research Projects ARPA-E's 3rd funding opportunity to focus on grid-scale energy storage, electrical power technology, and building energy efficiency.

WASHINGTON, D.C. - At the inaugural ARPA-E Energy Innovation Summit today, U.S. Energy Secretary Steven Chu announced $100 million in Recovery Act funding will be made available to accelerate innovation in green technology, increase America's competitiveness and create newjobs. Today's announcement comes as some of the nation's top energy leaders and members of the scientific research community have gathered to ensure U.S. leadership in clean energy technologies.

"This is about unleashing the American innovation machine to solve the energy and climate challenge, while creating new jobs, new industries and new exports for America's workers," said Secretary Chu.

The ARPA-E's third round of funding opportunity is focused specifically on three technology areas: 

1. Grid-Scale Rampable IntermittentDispatchable Storage (GRIDS).
2. Agile Delivery of Electrical Power Technology (ADEPT).  
3. Building Energy Efficiency Through Innovative Thermodevices (BEET-IT)

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