REMADE announced $33 million in new technology research
December 13, 2021
The REMADE Institute, a 132-member public-private partnership established by the U.S. Department of Energy (DOE) with an initial investment of $140 million (€124 million), announced $33.2 million (€29.4 million) in new technology research, selecting 23 new projects as part of the Institute’s latest round of funding.
REMADE CEO Nabil Nasr said the connection between industrial development and climate change is significant, as highlighted at the recent U.N. climate conference, COP26, in Glasgow, Scotland. According to the U.S. Department of Energy, manufacturing accounts for 25% of U.S. energy consumption at a cost of approximately $150 billion (€133 billion). Based on data from the U.S. Environmental Protection Agency, industry is the third-largest contributor to greenhouse gas emissions in the nation, after transportation and electricity, at 23%. Factor in the electricity consumed by the industrial sector, however, and that percentage increases to 30%, making industry the single largest contributor to greenhouse gas emissions in the nation.
“The transition to a net-zero greenhouse gas economy will require an unprecedented reduction in the embodied energy and carbon emissions associated with foundational industrial materials in every critical sector—from healthcare, to agriculture, to transportation,” said Kelly Speakes-Backman, Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy, U.S. DOE. “By investing in technologies that improve our ability to re-use, recycle and remanufacture these materials, DOE is moving America toward a circular economy and reducing carbon emissions across the manufacturing sector.”
This is why a circular approach to manufacturing – “make-use-reuse-remanufacture-recycle” – is so important, and why REMADE is dedicated to the adoption of a Circular Economy.
“A Circular Economy is critical,” Nasr said. “If we don’t reduce industrial energy consumption and industrial emissions, research shows we will only get a little more than halfway to net-zero by 2050, about 55% of the way. A Circular Economy approach to how we manufacture and use everyday products is needed to get us all the way to net-zero.”
“REMADE and its partners are determined to reduce industry’s energy consumption and emissions, and at the same time, increase U.S. manufacturing’s competitiveness, increase the resiliency of the nation’s supply chain, and create new clean economy jobs,” Nasr added.
This latest round of investment, the Institute’s fifth, is cost-shared between DOE’s investment in REMADE and the funding recipients.
REMADE Chief Technology Officer Magdi Azer said the Institute’s research seeks to increase circularity for four energy-intensive material classes: metals, plastics/polymers, fibers, and electronic waste.
“REMADE’s projects address multiple aspects of the Circular Economy, including reuse, remanufacturing, recovery and recycling,” Azer said. “These latest R&D projects will, for example, explore better ways to repair aerospace components, develop an automated disassembly process for electric vehicle batteries, and provide quick and accurate estimates of the state-of-charge and state-of-health for lithium-ion batteries.”
In 2021 alone, REMADE has funded or selected 45 projects for negotiation, representing $65.8 million (€58.4 million) in investment. Since the Institute’s founding in 2017, REMADE has launched 84 projects, representing a total combined value of $85.6 million (€75.9 million).
Categories : Around the Industry
Tags : Investment REMADE Institute Technology
