U.S. Department of Energy

The U.S. Department of Energy is a government agency established in 1977, located in Washington, D.C. Its primary mission is to ensure the security and prosperity of the nation by tackling energy, environmental, and nuclear challenges. The Department focuses on promoting transformative scientific and technological solutions to address these issues, thereby supporting the country's energy needs and environmental sustainability.

Maria Robinson

Director of DOE's Grid Deployment Office

Jigar Shah

Director

Past deals in Oil and Gas Storage

The Pacific Gas and Electric Company is an investor-owned utility with publicly traded stock
Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company operates seven thermal plants; seven hydroelectric plants; and two wind farms. As of December 31, 2019, it owned an electric transmission system consisting of 1,264 circuit miles, including 287 circuit miles of 500 kilovolt line, 423 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line. The company has 27,755 circuit miles of distribution lines. It also purchases and sells wholesale natural gas in the United States and Canada. The company serves approximately 895,000 residential, commercial, and industrial customers in 51 cities. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.

RePurpose Energy

Grant in 2022
Repurpose Energy provide affordable & sustainable energy storage solutions to enable the renewable energy transition.
Ocean Power Technologies, Inc. is a leader in developing systems that convert ocean wave energy into electricity. The company operates primarily in North and South America, Europe, and Asia, offering various products, including the PB3 PowerBuoy system, which generates power independently of the electric grid for use in remote offshore locations. Their product line includes both utility and autonomous PowerBuoy systems, as well as hybrid PowerBuoy products and subsea battery systems. Additionally, the company provides services such as electric power generation, real-time data communications, and marine installation for sectors like offshore oil and gas, defense and security, science and research, and communication. Founded in 1984 and headquartered in Monroe Township, New Jersey, Ocean Power Technologies targets public and private entities that require reliable remote power solutions.

TEVERRA

Grant in 2022
PETROLERN LLC is a leading-edge technology company working on subsurface solutions for carbon storage, geothermal and oil and gas projects. It conducts cutting edge R&D and executes global service projects to increase its clients' profitability yet minimizing their environmental footprint. Petrolern’s mission is to apply the knowledge and learnings from the oil and gas industry to accelerate movement toward cleaner energy sources. We envision this by optimization and real-time monitoring of subsurface operations using advanced sensor technologies and artificial intelligence.

OCOchem

Grant in 2022
OCOchem is a renewable chemical manufacturing company based in Vida, Oregon, focused on developing and commercializing a proprietary process that electro-catalytically converts carbon dioxide into formic acid and its derivatives. The company's innovative ECFORM process utilizes low-value carbon dioxide, water, and intermittent renewable electricity to produce high-value C1 chemicals. This method emphasizes energy efficiency and product selectivity, positioning OCOchem at the forefront of sustainable chemical manufacturing since its incorporation in 2016. By transforming CO2 into valuable products, OCOchem aims to contribute to environmental sustainability and the circular economy.

Geothermix

Grant in 2022
Geothermix is to increase heat recovery from geothermal resources by an order of magnitude or more through the application of horizontal wells and novel well-completion methods.
ICE Thermal Harvesting was founded as a partnership between like-minded individuals who view the global energy supply holistically. We desire to help piece together the energy mosaic that will provide for the society of the future. ICE Thermal Harvesting is based in The Woodlands, TX and focuses on supplying zero-emission power in various regions around the world.

TEVERRA

Grant in 2022
PETROLERN LLC is a leading-edge technology company working on subsurface solutions for carbon storage, geothermal and oil and gas projects. It conducts cutting edge R&D and executes global service projects to increase its clients' profitability yet minimizing their environmental footprint. Petrolern’s mission is to apply the knowledge and learnings from the oil and gas industry to accelerate movement toward cleaner energy sources. We envision this by optimization and real-time monitoring of subsurface operations using advanced sensor technologies and artificial intelligence.

ReactWell

Grant in 2021
ReactWell, L.L.C. is an innovative company based in New Orleans, Louisiana, specializing in the development of underground reactor systems that convert lower-value liquids, gases, and solids into synthetic oil and various valuable liquid chemicals. Founded in 2011, the company also offers the Electromagnetic Oil Pipe Plugger (EMOPP), a system designed to effectively clog pipes. ReactWell provides its advanced technology services and products to a range of industries, including oil and gas, mining, petrochemicals, utilities, clean technology, and renewable energy. Their offerings support numerous applications such as crude oil substitutes, synthesis starting products, sterilization, mineral scavenging, and wastewater treatment, among others. By leveraging science, engineering, and information technology, ReactWell aims to deliver cost-effective renewable oil and chemical solutions, addressing the challenges posed by dwindling supplies of conventional hydrocarbons.

Quino Energy

Grant in 2021
Quino Energy manufactures batteries that use specially designed reactants called quinones that are dissolved in water. It is made from low-cost coal tar and wood tar, and is more cost-effective than competing battery technologies at longer storage durations of 5-12 hours. Quino Energy has licensed the quinone flow battery technology from Harvard University, where it was first developed.

National Grid

Grant in 2021
National Grid is a major energy company operating in the United States and the United Kingdom, focusing on electricity and gas transmission and distribution. In North America, it generates electricity from various sources, including oil, gas, solar, and wind, while also engaging in gas distribution and investment in natural gas infrastructure, such as pipelines. In the UK, National Grid Gas plc manages a high-pressure gas transmission system, comprising over 7,630 kilometers of pipeline and numerous compressor stations. The company is committed to transforming energy networks to deliver cleaner and more resilient energy solutions, aiming to reduce greenhouse gas emissions. National Grid plays a crucial role in connecting customers and communities to energy, emphasizing safety, reliability, and efficiency in its operations. Through its regulated utility businesses and National Grid Ventures, the company is actively working to develop innovative solutions for the energy challenges of the future, collaborating with various stakeholders to facilitate the transition to decarbonized and decentralized energy systems.
Summit Natural Gas of Maine, Inc. operates as a natural gas distributor.

TEVERRA

Grant in 2021
PETROLERN LLC is a leading-edge technology company working on subsurface solutions for carbon storage, geothermal and oil and gas projects. It conducts cutting edge R&D and executes global service projects to increase its clients' profitability yet minimizing their environmental footprint. Petrolern’s mission is to apply the knowledge and learnings from the oil and gas industry to accelerate movement toward cleaner energy sources. We envision this by optimization and real-time monitoring of subsurface operations using advanced sensor technologies and artificial intelligence.
Element 16 Technologies, founded in 2016 and based in Glendale, California, specializes in high-temperature heat energy storage systems aimed at enhancing energy efficiency for commercial and industrial facilities. The company has developed an innovative thermal energy storage technology that utilizes a molten sulfur mixture, replacing traditional molten salts and thermal oils. This advancement allows customers to minimize wasted heat in cogeneration plants, thereby improving overall efficiency and significantly reducing their carbon footprint. Through its solutions, Element 16 Technologies seeks to provide cost-effective energy management options that contribute to sustainability in the energy sector.

ReactWell

Grant in 2020
ReactWell, L.L.C. is an innovative company based in New Orleans, Louisiana, specializing in the development of underground reactor systems that convert lower-value liquids, gases, and solids into synthetic oil and various valuable liquid chemicals. Founded in 2011, the company also offers the Electromagnetic Oil Pipe Plugger (EMOPP), a system designed to effectively clog pipes. ReactWell provides its advanced technology services and products to a range of industries, including oil and gas, mining, petrochemicals, utilities, clean technology, and renewable energy. Their offerings support numerous applications such as crude oil substitutes, synthesis starting products, sterilization, mineral scavenging, and wastewater treatment, among others. By leveraging science, engineering, and information technology, ReactWell aims to deliver cost-effective renewable oil and chemical solutions, addressing the challenges posed by dwindling supplies of conventional hydrocarbons.
Southern California Gas Company is a regulated public utility based in Los Angeles, California, that specializes in the distribution, transmission, and storage of natural gas. Founded in 1867, the company serves approximately 22 million customers across Central and Southern California. Its extensive infrastructure includes over 51,000 miles of distribution pipelines, 3,058 miles of transmission and storage pipelines, and 9 transmission compressor stations. Southern California Gas also offers a range of services, including residential assistance, energy efficiency programs, and solutions for commercial and industrial clients. As a subsidiary of Pacific Enterprises Inc., the company plays a vital role in meeting the natural gas needs of its extensive customer base.

GSE Systems

Grant in 2019
GSE Systems, Inc. specializes in performance improvement solutions tailored for the energy and process industries. The company enhances human performance through turnkey training, innovative visualization, simulation applications, and a team of skilled instructors. Additionally, GSE Systems leverages its engineering expertise and technology to optimize plant design, commissioning, and operations. With over 340 employees and more than four decades of industry experience, the company boasts over 1,100 installations and serves hundreds of customers across more than 50 countries. GSE Systems operates two main segments: engineering and workforce solutions, with a significant portion of its revenue generated in the United States. The company is headquartered in Sykesville, Maryland, and has offices in several locations worldwide, including the United Kingdom, India, and China.

Jolt Energy

Grant in 2019
Jolt Energy Storage Technologies, LLC, founded in 2015 and based in West Michigan, specializes in developing innovative compounds for lithium-ion batteries. The company focuses on creating organic electrochemical additives that enhance battery performance by increasing capacity, preventing overcharging, and simplifying electronic control systems. These advancements allow battery manufacturers to improve the safety, functionality, and cost-effectiveness of their products. Additionally, Jolt is working on all-organic nonaqueous redox flow batteries (RFBs) designed for large-scale energy storage, offering a reliable and environmentally friendly alternative to traditional battery technologies. With a commitment to sustainability, Jolt Energy aims to revolutionize the energy storage sector.

Gopher Resource

Grant in 2019
Gopher Resource LLC is an environmental solutions provider specializing in the recycling of lead-based batteries and other hazardous household waste. Established in 1946 and headquartered in Eagan, Minnesota, with an additional facility in Tampa, Florida, the company employs advanced technology and sustainable practices to process lead-acid batteries and various recyclable materials, including plastics, metals, and electronics. Gopher Resource is committed to environmental sustainability and safety, achieving recognition for its high standards in these areas. The company’s operations focus on producing refined lead primarily for use in automotive and industrial batteries, while also recycling a diverse range of materials such as aerosols, paints, and scrap metal. Through its efforts, Gopher Resource aims to protect natural resources and foster continuous improvement, ensuring a safer, more sustainable future for its clients and the environment.

Sunvapor

Grant in 2019
Sunvapor, Inc. is a renewable energy technology and project development company based in Livermore, California. Founded in 2014, the company specializes in the development of solar parabolic trough collectors that utilize solar thermal energy to produce steam on an industrial scale. Sunvapor offers a solar steam plant that integrates innovative energy storage technology with its solar collectors, enhancing the efficiency and reliability of solar energy production.

Carbon Clean

Grant in 2019
Carbon Clean Solutions Pvt. Ltd. specializes in carbon dioxide (CO2) separation technology aimed at reducing emissions from industrial applications, particularly in sectors such as power generation, steel, cement, and chemicals. Founded in 2009 and based in Mumbai, India, the company has research and operational facilities in the United Kingdom and the United States. Its proprietary technologies include CDRMax, which recovers CO2 from flue gases in the fertilizer industry, and Meth Pure, designed for biogas purification without methane loss. Additionally, CCS TGR technology targets CO2 emissions from iron production processes. The firm’s advanced, energy-efficient carbon capture systems can be integrated into new power plants or retrofitted to existing facilities, allowing for the extraction of up to 90% of CO2 from flue gases. By providing scalable and cost-effective solutions, Carbon Clean Solutions helps industries decarbonize and take advantage of the value of captured carbon.

SolarReserve

Grant in 2018
SolarReserve, a venture-backed renewable energy company, focuses on advanced solar thermal storage technology. SolarReserve was formed to solve two of the fundamental barriers of renewable energy: scalability and storage. Unlike hydroelectric, geothermal, biomass, and other renewable energy technologies that use limited renewable fuel sources, SolarReserve's power plants draw their heat from the sun - earth's ultimate source of clean energy. And unlike wind and photovoltaics, SolarReserve's power plants can deliver power whenever it is needed, either 24 hours per day or only during "peak" demand. By overcoming these two key barriers, SolarReserve enables utility-scale, clean, renewable electricity generation.

Manta Biofuel

Grant in 2018
Manta Biofuel, LLC is a Maryland-based company that specializes in the production and distribution of renewable crude oil derived from algae. Established in 2014, Manta Biofuel aims to provide a cost-effective alternative to traditional fossil fuels, targeting the $10 billion heating oil market. The company has developed a patented technology involving a distributed magnetic harvesting system to efficiently extract algal biomass, which is then converted into renewable crude oil through a hydrothermal liquefaction process. This innovative approach not only offers a sustainable energy solution but also supports the long-term vision of transitioning the international shipping industry to carbon-neutral liquid fuels, contributing to broader efforts to decarbonize the economy.

PolarPanel

Grant in 2018
PolarPanel is a Forbes 30 Under 30 renewable energy startup focused on bringing clean, reliable, and low-maintenance refrigeration technology to the commercial cold chain.

Atrex Energy

Grant in 2016
Atrex Energy, Inc. specializes in the design and manufacture of advanced power generation systems that utilize tubular solid oxide fuel cell technology. This innovative approach allows the conversion of conventional natural gas and propane into direct current electrical power with high efficiency, eliminating the need for hydrogen and combustion methods found in traditional generators. The company's product offerings include uninterruptible power supplies for first responders, portable telemedicine systems, and solutions tailored for various industries such as oil and gas, mining, construction, off-grid telecommunications, railroads, and environmental monitoring. Atrex Energy's systems are distributed through a network of authorized partners across Alaska, Canada, the United States, and Mexico. Established in 1994 and headquartered in Walpole, Massachusetts, Atrex Energy is poised for growth, anticipating an expansion of its workforce to meet increasing demand for its cost-effective and reliable power generation solutions.

Manta Biofuel

Grant in 2016
Manta Biofuel, LLC is a Maryland-based company that specializes in the production and distribution of renewable crude oil derived from algae. Established in 2014, Manta Biofuel aims to provide a cost-effective alternative to traditional fossil fuels, targeting the $10 billion heating oil market. The company has developed a patented technology involving a distributed magnetic harvesting system to efficiently extract algal biomass, which is then converted into renewable crude oil through a hydrothermal liquefaction process. This innovative approach not only offers a sustainable energy solution but also supports the long-term vision of transitioning the international shipping industry to carbon-neutral liquid fuels, contributing to broader efforts to decarbonize the economy.

Manta Biofuel

Grant in 2015
Manta Biofuel, LLC is a Maryland-based company that specializes in the production and distribution of renewable crude oil derived from algae. Established in 2014, Manta Biofuel aims to provide a cost-effective alternative to traditional fossil fuels, targeting the $10 billion heating oil market. The company has developed a patented technology involving a distributed magnetic harvesting system to efficiently extract algal biomass, which is then converted into renewable crude oil through a hydrothermal liquefaction process. This innovative approach not only offers a sustainable energy solution but also supports the long-term vision of transitioning the international shipping industry to carbon-neutral liquid fuels, contributing to broader efforts to decarbonize the economy.

Primus Power

Series C in 2014
Primus Power Corporation, founded in 2009 and based in Hayward, California, designs and manufactures advanced electrical energy storage systems, particularly focusing on flow batteries. Its flagship product, the EnergyPod 2, offers flexible capacity ranging from 25 kW to 25 MW, catering to various applications such as peak shaving, bulk energy shifting, renewable energy integration, grid support, and islanding. The EnergyPod provides up to five hours of energy discharge with a lifespan of twenty years, utilizing safe and low-maintenance Zinc Bromine chemistry. Primus Power serves a diverse clientele, including commercial and industrial sectors, data centers, microgrids, and utility customers, with systems deployed both domestically and internationally. The company is recognized for its patented innovations in battery technology, cell design, and system engineering, which contribute to its competitive pricing and reliability.

Calera

Grant in 2010
Calera Corporation is focused on carbon sequestration, aiming to combat global warming and ocean acidification by capturing greenhouse gases, particularly carbon dioxide, from the atmosphere. Established in 2007 and headquartered in Los Gatos, California, the company works to reduce atmospheric carbon levels through innovative technologies. Calera has formed a strategic alliance with Bechtel Power Corporation to enhance its efforts in this domain.

Beacon Power

Grant in 2009
Beacon Power, LLC specializes in the design, development, and manufacturing of grid-scale flywheel energy storage systems aimed at improving the reliability and stability of electricity grids in the United States and internationally. The company's innovative technology converts electric energy into rotating kinetic energy, which can be stored and transmitted efficiently. Beacon Power's products are utilized for various applications, including power grid efficiency, frequency regulation, and integration of renewable energy sources. In addition to its flywheel systems, the company offers grid stability services that enhance the performance of electric power grids. Headquartered in Tyngsboro, Massachusetts, Beacon Power operates facilities in Stephentown, New York; Hazle Township, Pennsylvania; and Tyngsboro, Massachusetts, focusing on delivering sustainable energy solutions for utility and distributed generation markets.

Foro Energy

Grant in 2009
Foro Energy is commercializing high power lasers for the oil, natural gas, geothermal, and mining industries.

Ogin

Grant in 2009
Ogin Inc., based in Waltham, Massachusetts, specializes in the design, manufacture, and construction of innovative wind turbines, particularly focusing on shrouded turbine technology. This advanced design employs a mixer/ejector system, enhancing aerodynamic efficiency and increasing energy production compared to conventional turbines. Ogin's products are used in lower-voltage distribution grids and cater to wind farm developers, industrial operators, and utility companies both in the United States and internationally. The company's technology aims to reduce the cost of wind energy, expand its applicability in areas with lower wind speeds, and maximize land utilization while minimizing environmental impact. Founded in 2007 and formerly known as FloDesign Wind Turbine Corporation, Ogin operates as a subsidiary of FloDesign Inc.
Arizona Public Service Co, or APS, is an electricity/utility company based in Arizona. They received a grant from the United States Dept. of Energy to feed Carbon Dioxide to algae in an effort to reduce greenhouse gases.

Atrex Energy

Venture Round in 2008
Atrex Energy, Inc. specializes in the design and manufacture of advanced power generation systems that utilize tubular solid oxide fuel cell technology. This innovative approach allows the conversion of conventional natural gas and propane into direct current electrical power with high efficiency, eliminating the need for hydrogen and combustion methods found in traditional generators. The company's product offerings include uninterruptible power supplies for first responders, portable telemedicine systems, and solutions tailored for various industries such as oil and gas, mining, construction, off-grid telecommunications, railroads, and environmental monitoring. Atrex Energy's systems are distributed through a network of authorized partners across Alaska, Canada, the United States, and Mexico. Established in 1994 and headquartered in Walpole, Massachusetts, Atrex Energy is poised for growth, anticipating an expansion of its workforce to meet increasing demand for its cost-effective and reliable power generation solutions.
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