DOE Signs Partnership Deal with Duke Energy and EPRI To Boost Testing Of Technologies For Advancement of Electric Grid

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The Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) has signed a partnership deal with Duke Energy and the Electric Power Research Institute (EPRI)to further the testing and deployment of ARPA-E funded projects which seek to boost the modernization and advancement of the electric grid.

The DOE press release states: “Through the Memorandum of Understanding (MOU), ARPA-E, Duke Energy, and EPRI will identify opportunities to expand cutting edge smart grid developments, grid-scale energy storage, power electronics, and energy efficient cooling technologies, among others. This new umbrella deal, which will allow for similar partnerships with other utilities, comes two months after ARPA-E announced six of its projects have secured more than $100 million in outside private capital investment.”