Two Flagship Companies -- Advanced Electron Beams and Oasys Water -- receive DOE Awards in the Industrial Energy Efficiency Grand Challenge

Advanced Electron Beams and Oasys Water have each received awards under the DOE's Industrial Energy Efficiency Grand Challenge. They are two of six Massachusetts companies so honored. The DOE press release is below, and contains links to details of all the wards.

DOE Announces Awardees for the Industrial Energy Efficiency Grand Challenge

Award winners to receive more than $13 million to develop transformational manufacturing processes and technologies

WASHINGTON, DC – The U.S. Department of Energy announced today that 48 research and development projects across the country have been selected as award winners of the Industrial Energy Efficiency Grand Challenge. The grantees will receive a total of $13 million to fund the development of transformational industrial processes and technologies that can significantly reduce greenhouse gas emissions throughout the industrial sector. The funding will be matched by more than $5 million in private industry funding to support a total of $18 million in projects that will enhance America’s energy security and strengthen our economy.

“Public-private partnerships with industry are a critical way to accelerate the transition to a strong, competitive, clean energy economy in the United States,” said Energy Secretary Steven Chu. “These awards allow us to harness the diverse strengths of industry, academia, and our national laboratories to advance energy innovations in our factories and plants.”

American industry accounts for more than 30 percent of the energy used nationwide, is responsible for 27 percent of the country’s carbon emissions, and supports nearly 13 million core manufacturing jobs. With such a large impact on the nation’s economic and environmental interests, the industrial sector remains a major part of the Nation’s clean energy equation. This funding announced today will promote breakthrough achievements in the development of energy-efficient technologies and practices that will lower the energy demand of industry, open up new potential markets, and enhance the competitiveness of American business.

Through the Grand Challenge and its Industrial Technologies Program, the Department is working to forge partnerships that capitalize on the leadership and commercialization strengths of industrial companies, harness the innovative research and modeling capabilities of universities, and use the unique development and testing facilities at National Laboratories.

DOE is providing cost-shared funding for concept-definition research and development studies in four main topic areas:

View the full list of recipients and projects selected (pdf - 77kb) for awards.

To learn more about DOE’s industrial energy efficiency efforts, visit the Industrial Technologies Program website.

U.S. Department of Energy, Office of Public Affairs, Washington, D.C.