The U.S. Department of Energy’s (DOE’s) Technology Commercialization Fund (TCF) is underway in its inaugural year of operation. This week, the DOE kicked off a new round of private sector outreach with a webinar on the TCF.
The TCF is an approximately $20 million annual fund that will match private funding sources in order to increase the volume of DOE lab technologies that transition into commercial development and impact. Technology areas include renewable energy, energy efficiency, nuclear energy, advanced fossil energy, electric grid technologies, and energy storage. For the current fiscal year, the TCF will fund Technology Maturation Projects at DOE laboratories and Cooperative Development Projects where the laboratory is partnering with a private sector company.
DOE's Office of Technology Transitions (OTT) and Clean Energy Investment Center (CEIC) held the first webinar on the TCF on Thursday, May 19. A link to the webinar is available here. This is the first in a series of webinars on TCF. Please continue to visit the Office of Technology Transitions web site here. And for more information on the CEIC and its activities, please go here.
The Mission of the Office of Technology Transitions is to expand the commercial impact of DOE’s portfolio of research, development, demonstration and deployment activities over the short, medium and long term.