A partnership between the U.S. and India that seeks to advance grid modernization will collaborate with the private sectors in the respective countries to provide a $30 million funding opportunity for a five-year smart grid and energy storage research project.
The Energy Department and India’s ministry of science and technology will each allot $7.5 million over five years, which the U.S. and Indian private sectors will match to support the Partnership to Advance Clean Energy Research‘s public-private research effort, DOE said Wednesday.
“Smart grid and storage technology will transform how we produce and consume electricity, which has the potential to decrease carbon pollution by scaling up renewable energy deployment,” said Energy Secretary Ernest Moniz.
He added that the partnership with India works to accelerate the development of technology to drive grid resilience and reliability for both countries.
The funding opportunity is for a fourth research consortium under the PACE-R program established in 2009, following the three initial consortia on solar energy, energy efficiency for buildings and next-generation biofuels, DOE said.
The new consortium seeks to utilize the services of both countries to explore smart grid and energy storage technologies for grid applications and will be launched once the project has been awarded.