BATON ROUGE, La. (KNOE) – Louisiana State University’s Future Use of Energy in Louisiana (FUEL) organization opened applications for funding to help entrepreneurs prove their clean energy projects can be commercialized.
Entrepreneurs can apply for grants between $100,000-$125,000, which will come from FUEL’s Equitable Energy Transition Proof-of-Concept Fund.
FUEL is a statewide effort led by LSU with more than 50 public and private partners.
The organization works to solve challenges in areas like carbon capture, transport and storage, hydrogen, the use of carbon dioxide to produce low-carbon fuels and essential carbon-based products, water use and management, sustainable manufacturing, and policy development.
The proof-of-concept funds will come with mentoring and technical assistance, and will be awarded in six areas:
- Reduction of industrial CO2 emissions through carbon capture, usage and subsurface sequestration (CCUS)
- Sustainable industrial hydrogen (H2) economy
- Energy efficiency and CO2 as a feedstock
- Sustainable water management for innovative energy and hydrogen transition
- Structural integrity and sustainable manufacturing for energy and hydrocarbon transition
- Economic and policy research to promote decarbonization pathways
“The …