the doe is setting up research groups (starting at argonne national labs) to develop energy storage technologies that are five times as powerful and five times as cheap as what currently exists. they are putting up $120 million for this initiative and are talking it up (comparing it to the manhattan project). the money put up seems a bit limited - given that the manhattan project spent over $ 25 billion in today's money. but it's clear that battery tech is getting more attention. this is critical as the world begins a system change to renewables.
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