How the US government is charging up the American battery industry
The US Department of Energy is on a roll when it comes to backing the US domestic battery industry.\xa0
In July, the agency\u2019s Loan Programs Office announced a conditional commitment of up to $1.2 billion for a direct loan to battery separator, extruder, and engineering services company ENTEK to finance a lithium-ion battery separator facility in Indiana.\xa0
In June, the DOE\u2019s Advanced Research Projects Agency \u2013 Energy, announced it would give $20 million to solid-state battery company ION Storage Systems for the development and commercialization of the company\u2019s solid-state lithium-metal batteries.\xa0
In this episode, correspondent Camellia Moors speaks with Chelsea Sexton, director of the DOE\u2019s Advanced Technology Vehicle Manufacturing Loan Program;\xa0Kim Medford, president for manufacturing at ENTEK; and Ricky Hannah, CEO and board director of ION, about what the federal government\u2019s support means for the industry and US energy transition goals.\xa0
Subscribe to Energy Evolution to stay current on the energy transition and its implications. Veteran journalists Dan Testa and Taylor Kuykendall co-host the show, which routinely features regular correspondents Camilla Naschert and Camellia Moors.\xa0