ARPA-E will do the same for energy innovation that DARPA did for interenet

Bill Gates wrote:

ARPA-E might be my favorite obscure government agency. In fact, it’s one of the reasons I felt confident about being part of a $1 billion investment fund last year.

The fund, Breakthrough Energy Ventures, builds companies that will deliver affordable, reliable clean energy around the world. Ultimately, we want to help people escape poverty, promote energy independence, reduce pollution, and avoid the worst effects of climate change. The idea is to invest the private capital that helps entrepreneurs take promising zero-emissions energy technologies out of the lab and into the market. Read more

Great target for Iran to expand the renewable sources – Iran to generate 7,500 MW from solar by 2030

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Energy Minister Hamid Chitchian said his ministry plans to generate 7,500 megawatts from renewable energy sources to reduce carbon emission.

Addressing an energy gathering in Tehran on Tuesday, Chitchian said Energy Ministry has major plans to curb carbon output by 2030, Shana reported.

He said Iran will generate at least 7,500 MW from renewable sources such as hydroelectric, wind, solar, biomass and geothermal plants.

He pointed out that the Sixth Five-Year Development Plan (2016-2021) has envisaged a power generation capacity of 5,000 MW.

The official further said that the ministry has also sought to cut down energy dissipation and has managed to reduce energy dissipation by four percent in the past 18 months.

“Energy dissipation in the power grid has been cut by 15 percent since the Rouhani administration took office in 2013,” he added.

from IranDaily online