US Department of Energy launches Clean Energy Investment Center
In Washington, as part of a series of linked announcements for the launch of the Paris Climate Summit this week, the Obama Administration launched the Clean Energy Investment Center to advance private, mission-oriented investment in clean energy technologies that address the present gap in U.S. clean tech investment. It will also enhance the availability of the Department’s resources to investors and the public.
More from Paris
The Breakthrough Energy Coalition complete coverage.
The 20-Nation Mission Innovation coalition complete coverage.
The Investment Center web page is here.
The background
In February 2015, the White House launched the Clean Energy Investment Initiative to catalyze expanded private sector investment in climate change solutions, including innovative technologies with breakthrough potential to reduce carbon pollution.
CLEAN ENERGY INVESTMENT CENTER OFFERINGS:
- Single Point of Access for Information: The center will ensure information about DOE programs is more understandable and accessible. It will also serve as a one-stop for the investors to locate subject matter experts, acquire the latest reports and data on clean energy technology, and find a listing of companies and projects funded by the agency. This information will enable investors to make informed decisions that is based on DOE’s research and analysis.
- Technical Assistance: The center will share research and analysis produced by DOE and its 17 national laboratories on relevant developments in clean energy technology. Furthermore, the center will offer a mechanism for identifying the need for new technology analysis from DOE.
- Information on Early-Stage Projects and Companies: DOE currently has programs including the Advanced Research Projects Agency-Energy (ARPA-E), Small Business Innovation Research (SBIR), Small Business Technology Transfer (STTR), and others that help to fund and accelerate emerging early-stage technology projects and companies. The center will aggregate and make available public information on entities currently engaged in partnerships with DOE.
- Connections to Additional Relevant U.S. Government Programs: The center will include information about energy and climate programs at other government agencies including the U.S. Department of Agriculture, U.S. Department of Housing and Urban Development, U.S. Department of Transportation, U.S. Department of Treasury, U.S. Environmental Protection Agency, U.S. Small Business Administration and the National Science Foundation.
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