US govt launches USD-675m critical materials research programme

US govt launches USD-675m critical materials research programme Lithium ingots with a thin layer of black nitride tarnish; By Dnn87; License: CC BY 3.0, from Wikimedia Commons

The US Department of Energy (DOE) on Tuesday issued a Request for Information (RFI) in relation to a USD-675-million (EUR 659.6m) programme for the research, development, demonstration and commercialisation of critical materials used in clean energy technologies.

The goal of this programme, funded by President Biden’s Bipartisan Infrastructure Law, is to address vulnerabilities in the domestic supply chain for critical materials, including rare-earth elements, lithium, nickel and cobalt. These are required for the manufacture of many clean energy technologies such as batteries, electric vehicles (EVs), wind turbines and solar panels.

The government estimates that global demand for critical materials will increase by 400%-600% over the next several decades, while for lithium and graphite, in particular, demand could increase by as much as 4,000%. The strategy of the US is to lower its dependence on foreign sources of critical materials.

Through this RFI, the energy department solicits public input with regard to the programme structure, the timing and distribution of funds, and selection criteria. Comments are due by September 9, 2022.

(USD 1 = EUR 0.977)

Choose your newsletter by Renewables Now. Join for free!

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription