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Monday 17 April 2006

Info Post
The Department of Energy announced last week that it will allocate up to $1.6 million this year to fund industry studies of methods for producing hydrogen from reactors in a safe and environmentally sound manner.

DOE is seeking industry proposals for these financial assistance awards. The agency will cover up to 80 percent of the total cost of each feasibility study.

“Hydrogen is a key component of our energy future, and developing this clean source through our nuclear reactors will help reduce America’s dependence on foreign sources of energy,” Energy Secretary Samuel Bodman said.

DOE will accept proposals from project teams until June 5. Its solicitation is available online at e-center.doe.gov/.

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