Department Of Energy Launches A $120 Million Battery Research Program
The U.S. Department of Energy wants to drastically improve battery technology in the next 5 years. Department of Energy Secretary Steven Chu conducted an interview with Computerworld with the goal to produce batteries that are five times more powerful than current technology with a fifth of the overall cost.
The focus will be on products for transportation and the national power grid. Originally called the Batteries and Energy Storage Hub, the Joint Center For Energy Storage Research (JCESR) was announced in February with $120 million in funding. The Department of energy solicited applications from universities, independent labs, and private companies.
George Crabtree of the Argonne National Laboratory in Illinois is directing the center. The Argonne National Laboratory in Illinois works with five nearby universities including Northwestern University and the University of Chicago.
[TheVerge]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry