Energy Dept. Invests $43M in Projects ‘Too Risky for the Private Sector’

Energy Secretary Steven Chu 

"...The Department of Energy announced the distribution of $43 million in funding for the development of energy storage technology that is 'too risky for private-sector investment.'...The Aug. 2 press release said the recipients were chosen through two programs of DOE’s Advanced Research Projects Agency-Energy – the Advanced Management and Protection of Energy Storage Devices (AMPED) and Small Business Innovation Research (STTR)..."   (Penny Star / Cybercast News Service) Read More HERE ...