$9.1 million will go towards drilling technology that could make geo-thermal power a possibility (Image: Arctic Images/Iconica/Getty)
IF YOU had $150 million to spend on boundary-busting energy research, where would you put the cash? The US Department of Energy’s has committed that amount this year, with one lofty aim: to transform the planet’s energy future. But which technologies are its best bets?
ARPA-E knows it’s taking some huge gambles: it fully expects that many of the 37 projects it picked will fail. “Our model is to look for risky, high-potential technologies that don’t currently have a…
