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Energy department to launch new energy innovation hub focused on advanced batteries and energy storage

(DOE/US Department of Energy) Secretary of Energy Steven Chu announced today plans to launch a new Energy Innovation Hub for advanced research on batteries and energy storage with an investment of up to $120 million over five years. The hub, which will be funded at up to $20 million in fiscal year 2012, will focus on accelerating research and development of electrochemical energy storage for transportation and the electric grid.

Publisher: 
AAAS EurekAlert!
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