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MegadealsSubsidy Tracker Individual Entry
Company: Siemens Energy Inc
Parent Company:
Siemens Energy
Subsidy Source: federal
State in Which Facility Is Located: Florida
Project Description: DE-FE0032029 WITH SIEMENS ENERGY TITLED ''COMBINED CYCLE INTEGRATED THERMAL ENERGY STORAGE''. THE OBJECTIVE OF THIS PROJECT IS TO CONFIRM THE FEASIBILITY OF STORING LOW-COST ELECTRICITY IN THE FORM OF THERMAL ENERGY IN A GAS-FIRED COMBINED CYCLE PLANT AND RELEASE THE STORED ENERGY WHEN IT IS NEEDED; FOR LOWER COST THAN RE-PRODUCING THIS ENERGY WITH FOSSIL FUEL.
Year: 2021
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: energy generation
Subsidy Value: $200,000
Program Name: Fossil Energy Research and Development
Catalog of Federal Domestic Assistance code: 81.089
Awarding Agency: Department of Energy
Type of Subsidy: federal grant
Source of Data:
(click here)
Notes: Year is first year of award performance period. Subsidy value is cumulative obligated total to date. Program name is per the Catalog of Federal Domestic Assistance code.
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