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June 13, 2017

US DOE unveils new research funding for advanced energy systems

The US Department of Energy (DOE) is set to provide new cost-shared funding for proposals undertaking novel research and development (R&D) of advanced energy systems.

The US Department of Energy (DOE) is set to provide new cost-shared funding for proposals undertaking novel research and development (R&D) of advanced energy systems.

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The new $28m fund will be provided to three new opportunities that are expected to help improve technologies related to advanced combustion systems, turbines, and gasification as part of the DOE's Office of Fossil Energy’s (FE) Advanced Energy Systems programme. 

A total of $12.8m will be provided to support development of small-scale modularisation of gasification technology components for radically engineering modular systems. In this category, the FE will mainly seek proposals for small modular plant engineering approaches including development of modular, small-scale, air-separation technologies for use in these systems. Proposals can also be forwarded to perform small field pilot front-end engineering design study.

The funding opportunity will also support the development of advanced technologies that will boost the commercial adoption of coal gasification technologies and other products that could open new markets for coal.

"The new $28m fund will be provided to three new opportunities that are expected to help improve technologies related to advanced combustion systems, turbines, and gasification."

A $10m fund has been designated by the DOE for an advanced combustion systems programme. This focuses on research, development, integration, and testing of transformational technologies, such as chemical looping and pressurised oxy-combustion systems to achieve improvements in advanced combustion coal power plant technologies.

In addition, $5.15m will be provided under the DOE’s University Turbine Systems Research (UTSR) programme. Under this category, proposals would be sought from universities that address advancing the performance and efficiency of combustion turbines in six technical topics, including low nitrogen oxide combustion technology development for air-breathing advanced turbines.

It will also include research proposals for big data analytics, advanced instrumentation, and pressure gain combustion.

Advanced energy conversion systems are capable of generating efficient, low-cost, and near-zero emission energy from existing and new fossil fuel power plants.

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What’s missing from your IPO industry assessment?

IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies. No matter how deserving a business was of flotation, momentum was halted by concerns of when a ‘new normal’ of working patterns and trade would set in. Recently, sentiment has changed. Flotations picked up again during the second half of 2021, and now in 2022 the mood is decidedly optimistic. Business leaders have their eyes on fast rebounding economies, buoyant market indices and the opportunity once again to take their businesses public. As a result, global IPOs are expected to hit back this year. With GlobalData’s new whitepaper, ‘IPOs in Consumer and Retail: 5 must-include elements for your prospectus industry report’, you can explore exactly what is needed in the essential literature. GlobalData’s focus lies in the critical areas to get right:
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  • Consumer context
  • Industry environment
  • Competitive environment
  • Route to market
Interested to learn more about what to include in your IPO Industry Assessment report? Download our free whitepaper.
by GlobalData
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