What does it really mean to change the game in energy technologies? Not to change a single game – as with a last-second shot at the buzzer, a Hail Mary pass, or a diving catch to close out the inning – but to transform the entire game, with new rules, new technologies, and often-unexpected new results.
In the National Laboratory system, we are working on new energy technologies that could transform the ways we generate, store and use energy, and that could protect our environment while recharging our national economy. But as we tackle the fundamental scientific research we need to discover and develop disruptive new energy technologies, it’s worthwhile to ask: What does game-changing technology look like, and what are currently our best prospects for game...
I am pleased to share with you an update on Applied Ventures as we celebrate our fund's fifth anniversary. Over these past five years, we have had the privilege of investing more than $100 million dollars in 27 companies, mostly in cleantech, making us one of the most active investors in the space.
I woke up last night to the sound of various electronic devices in my house resetting themselves — after yet another brief power outage. I don’t live on the fringes of civilization — downtown San Francisco is only a short drive away — but I’ve heard from a long-time resident that our local substation is especially finicky and we’ve been having a spat of nasty storms lately, which doesn’t help the situation. Sounds like the perfect opportunity for energy storage.
On January 8, I spoke at Applied Materials headquarters in Santa Clara, California to a packed room about the status of electrical energy storage. Energy storage is the limiting technology for renewable energy, such as wind and solar, and particularly for the next generation of hybrid electric vehicles, the plug-in hybrid electric vehicle (PHEV).