Funds will help businesses move promising energy technologies to the marketplace
WASHINGTON — The U.S. Department of Energy (DOE) recently announced nearly $16 million in funding to help businesses move promising energy technologies from the DOE’s National Laboratories to the marketplace. This department-wide round of funding through the Technology Commercialization Fund (TCF) will support 54 projects at 12 national labs involving 52 private-sector partners.
The TCF is administered by the DOE’s Office of Technology Transitions (OTT), which works to expand the commercial impact of the DOE’s portfolio of research, development, demonstration, and deployment activities. In February 2016, OTT announced the first solicitation to the DOE National Laboratories for TCF funding proposals. It received 104 applications from across the laboratory system for projects in two topic areas: