Advanced Research Projects Agency—Energy
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(a) DefinitionsIn this section:
(1) ARPA-E
The term “ARPA–E” means the Advanced Research Projects Agency—Energy established by subsection (b).
(2) Director
The term “Director” means the Director of ARPA-E appointed under subsection (d).
(3) Fund
The term “Fund” means the Energy Transformation Acceleration Fund established under subsection (o)(1).
(b) Establishment
There is established the Advanced Research Projects Agency—Energy within the Department to overcome the long-term and high-risk technological barriers in the development of transformative science and technology solutions to address the energy and environmental missions of the Department.
(c) Goals
(1) In generalThe goals of ARPA-E shall be—
(A) to enhance the economic and energy security of the United States through the development of energy technologies that—
(i)
reduce imports of energy from foreign sources;
(ii)
reduce energy-related emissions, including greenhouse gases;
(iii)
improve the energy efficiency of all economic sectors;
(iv)
provide transformative solutions to improve the management, clean-up, and disposal of radioactive waste and spent nuclear fuel; and
(v)
improve the resilience, reliability, and security of infrastructure to produce, deliver, and store energy; and
(B)
to ensure that the United States maintains a technological lead in developing and deploying advanced energy technologies.
(2) MeansARPA-E shall achieve the goals established under paragraph (1) through advanced technology projects by—
(A)
identifying and promoting revolutionary advances in fundamental and applied sciences;
(B)
translating scientific discoveries and cutting-edge inventions into technological innovations; and
(C)
accelerating transformational technological advances in areas that industry by itself is not likely to undertake because of technical and financial uncertainty.