The ARPA-E Innovation Summit
From March 1st-3rd, policymakers, thought leaders, award winners and investors gathered in Washington, DC for the first ARPA-E Innovation Summit.
Secretary Chu announced that the third round of ARPA-E funding of $100 million will be made available to accelerate innovation in three new areas for ARPA-E: Grid-Scale Rampable Intermittent Dispatchable Storage (GRIDS), Agile Delivery of Electrical Power Technology (ADEPT) and Building Energy Efficiency Through Innovative Thermodevices (BEET-IT).
Carl Schramm, President of the Kauffman Foundation, launched the Energy Innovation Network at the summit. This Network will provide links to technologies, entrepreneurs, finance, buyers and policymakers to make the pathway for energy entrepreneurs more transparent.
Speaking at the conference, House Committee on Science and Technology Chairman Bart Gordon (D-TN) said that ARPA-E was exceeding expectations. “As ARPA-E got off the ground it became clear that there are many more good ideas than there is federal funding to support them.” “From the unprecedented response to the first funding opportunity announcement, to the fact that the first round of grants attracted more private sector matching funds than was required or expected, to the overwhelming response to this summit, ARPA-E is exceeding expectations from the beginning. I see this as proof that we are tapping into a pent-up hunger for this type of transformational energy technology development program.” His Committee is its working towards a reauthorization of ARPA-E as part of the America COMPETES Act.
Event participants also heard from:
• Jeffrey Immelt; Chairman and CEO of GE
• Vinod Khosla; Founder of Khosla Ventures
• John Holdren; Director, White House Office of Science and Technology Policy
• Carol Browner; Assistant to the President for Energy and Climate Change
• Karen Mills; Administrator, Small Business Administration
• Thomas Friedman; New York Times Columnist