HomeMy WebLinkAboutEmerging Energy Technology Fund Fact Sheet 04-01-09-AEMERGING ENERGY TECHNOLOGY FUND
18 demo
projects
launched
through
rounds 1 & 2
4 projects
proceeding to
commercial
products
2 projects
from round 3
(2016) chosen
for funding
CURRENT STATUS
Three competitive rounds of EETF funding (2012, 2013, 2016) have successfully launched
projects demonstrating a broad range of emerging energy technologies, including battery
and flywheel energy storage, river hydrokinetic devices, new heat pump systems, efficient
diesel generation, and novel wind turbines. Projects funded under the program will record
performance data throughout the demonstration period for independent review. The most
recent solicitation for applications prioritized microgrid and microgrid enabling
technologies. Seven applications were received, of which two were selected for funding.
PROGRAM OVERVIEW
The Emerging Energy Technology Fund (EETF) is administered by the Alaska Energy
Authority and created by the Alaska State Legislature in 2010 to promote the expansion of
energy sources commercially available to Alaskans.
Projects can either: test emerging energy technologies or methods of conserving energy;
improve an existing technology; or deploy an existing technology that has not previously
been demonstrated in the state. EETF grants must be for demonstration projects of
technologies that have a reasonable expectation of becoming commercially viable within
five years. Energy technology can include technologies related to renewable sources of
energy, conservation of energy, enabling technologies, efficient and effective use of
hydrocarbons and integrated systems.
PROGRAM HIGHLIGHTS
A combination of Alaska legislative appropriations and contributions from the Denali
Commission led to a total of $8.9 million available for the first EETF round. The 71 abstract
proposals submitted in response varied across a wide range of technological fields and
scientific disciplines. Roughly half of the applicants were invited to submit full proposals
and of these 16 projects were selected for funding. The awards totaled nearly $8.9 million
in grant funds and brought a commitment of $3.1 million in matching funds for projects
ranging from improved diesel efficiency to energy storage to river hydrokinetics. Work on
the projects has begun and the Alaska Center for Energy and Power (ACEP) has been
contracted to assist with data collection and verification on behalf of AEA. Of the 16
projects, one has been cancelled prior to grant execution.
Awards for five projects under Round 2 of the EETF program were announced in March
2014 totaling $2.4 million in grants and leveraging $1.7 million in committed match. Round
2 projects include energy storage and heat pump demonstrations. Of the five Round 2
projects, one has been cancelled prior to grant execution. AEA successfully applied for DOE
funding in the amount of $250,000 to support future EETF projects. The RFA for Round 3 of
the EETF was published in September 2016 and seven abstracts were submitted for review.
Two projects were selected for funding though one of the applicants has chosen to refuse
the award. AEA is working with the next highest ranked project to execute a grant.
APRIL 2019
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