MEDIA ADVISORY FOR RELEASE: Jan. 5, 2017
Leveraging up to $70 million in federal funding, subject to appropriations, and an additional $70 million in private cost-share commitments from over 130 partners, the Rapid Advancement in Process Intensification Deployment (RAPID) Institute will focus on developing breakthrough technologies to boost domestic energy productivity and energy efficiency by 20 percent in five years through manufacturing processes in industries such oil and gas, pulp and paper and various domestic chemical manufacturers.
Acting Assistant Secretary of the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy David Friedman announced that the American Institute of Chemical Engineers will lead the tenth Manufacturing USA Institute to be stood up during the Obama Administration. This announcement represents a critical step in the Administration’s effort to double U.S. energy productivity by 2030. Acting Assistant Secretary Friedman announced the new institute at the U.S. Council on Competitiveness’ 2016 National Competitiveness Forum.
Read more about RAPID.