US govt launches USD-675m critical products research programme

Aug 10, 2022 12:09 PM ET
  • The US Department of Energy (DOE) on Tuesday provided a Request for Info (RFI) in connection with a USD-675-million (EUR 659.6 m) programme for the research, advancement, presentation and also commercialisation of critical products used in clean energy technologies.
US govt launches USD-675m critical products research programme

The objective of this programme, moneyed by Head of state Biden's Bipartisan Infrastructure Law, is to resolve susceptabilities in the domestic supply chain for critical products, including rare-earth elements, lithium, nickel as well as cobalt. These are needed for the manufacture of several clean energy technologies such as batteries, electrical cars (EVs), wind generators and also photovoltaic panels.

The federal government estimates that international need for critical products will certainly boost by 400%-600% over the next numerous years, while for lithium as well as graphite, specifically, demand might boost by as high as 4,000%. The technique of the United States is to lower its dependence on foreign sources of critical products.

With this RFI, the energy department gets public input with regard to the programme framework, the timing as well as distribution of funds, and choice requirements. Comments schedule by September 9, 2022.

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