The funding comes through DOE's Funding for Accelerated, Inclusive Research (FAIR) initiative, which looks to build partnerships between universities and DOE's national laboratories.
The notice of intent outlines potential funding opportunity to support pilot-scale projects that demonstrate advanced carbon conversion technologies capable of reducing significant carbon emissions to the atmosphere.
The investments by Google, Amazon and Microsoft come alongside the rapid development of artificial intelligence that has dramatically increased tech companies' energy demands.
The $2 billion funding, provided through the Grid Resilience and Innovation Partnerships Program, is expected to enable over 7.5 gigawatts of additional grid capacity.
These efforts are meant to protect against the escalating threats of extreme weather and to increase the grid’s capacity to meet the needs of people and businesses.
This investment marks a significant step in the island's transition to clean, reliable energy and its recovery from recent hurricanes that battered the island’s grid
The funding will allow recipients to enhance grid flexibility and power system resilience in light of extreme weather events and climate change’s growing threat.