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Low-Carbon Resources Initiative surpasses $100m in funding

Low-Carbon Resources Initiative surpasses $100m in funding

A five-year collaborative effort that aims to address the need to accelerate development and demonstration of low and zero-carbon energy technologies, including hydrogen, has this week celebrated a major milestone.

The Low-Carbon Resources Initiative (LCRI) has surpassed $100m in funding, adding its 33rd sponsor, Xcel Energy.

Led by the Electric Power Research Institute (EPRI) and Gas Technology Institute (GTI), the global collaboration will:

  • Identify and accelerate development of promising technologies from around the world
  • Demonstrate and assess the performance of key technologies and processes and identify possible improvements
  • Inform key stakeholders and the public about technology options and potential pathways to a low-carbon future.

The effort will improve the strength, efficiency, and resiliency of the US energy grid and reduce impact on the environment.

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