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Advanced Research Projects Agency-Energy (2020 Presidential transition): Difference between revisions
Advanced Research Projects Agency-Energy (2020 Presidential transition) (view source)
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{{TB 2020 Book 3}} | {{TB 2020 Book 3}}DOE’s mission is, in part, to enhance U.S. security and economic growth through transformative science, technology innovation, and market solutions to meet our energy, [[Nuclear power|nuclear energy]], and environmental challenges. | ||
DOE’s mission is, in part, to enhance U.S. security and economic growth through transformative science, technology innovation, and market solutions to meet our energy, [[Nuclear power|nuclear energy]], and environmental challenges. | |||
The [[Advanced Research Projects Agency-Energy]] (ARPA-E) supports DOE’s mission differently than other programs because it focuses on high risk/high potential advanced energy technologies. Pursuant to its authorizing statute – The [[America COMPETES Act|America COMPETES Act of 2007]] – ARPA-E accelerates “transformational technological advances in areas that industry by itself is not likely to undertake because of technical and financial uncertainty.” Its role is to identify, fund and actively manage research projects that will overcome the long-term and high-risk technological barriers preventing a potentially transformational technological innovation from the stage where private investment can drive it into a marketable product. | The [[Advanced Research Projects Agency-Energy]] (ARPA-E) supports DOE’s mission differently than other programs because it focuses on high risk/high potential advanced energy technologies. Pursuant to its authorizing statute – The [[America COMPETES Act|America COMPETES Act of 2007]] – ARPA-E accelerates “transformational technological advances in areas that industry by itself is not likely to undertake because of technical and financial uncertainty.” Its role is to identify, fund and actively manage research projects that will overcome the long-term and high-risk technological barriers preventing a potentially transformational technological innovation from the stage where private investment can drive it into a marketable product. | ||