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Wednesday, August 15, 2012

Energy Dept. Invests $43M in Projects ‘Too Risky for the Private Sector’

The Department of Energy announced the distribution of $43 million in funding for the development of energy storage technology that is “too risky for private-sector investment.”
The Aug. 2 press release   said the recipients were chosen through two programs of DOE’s Advanced Research Projects Agency-Energy – the Advanced Management and Protection of Energy Storage Devices (AMPED) and Small Business Innovation Research (STTR).
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1 comment:

Anonymous said...

“too risky for private-sector investment.”
So here's taxpayers money. lose who cares.