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Water Power Technologies Office 2019 Peer Review Final Report

The U.S. Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy’s (EERE’s) Water Power Technologies Office (WPTO, or “the office”) 2019 Peer Review was held on October 8–10, 2019, in Alexandria, Virginia. The purpose of the peer review was to evaluate DOE-funded projects for their contribution to the mission and goals of the office, to assess progress made against stated objectives, and to assess the office’s overall management and performance. All programs within EERE are required to undertake rigorous, objective peer reviews covering their key projects, as well as 80%–90% of their funded active project portfolio every two years.

13 HYDRO ENERGY↗

Ultrasonic waveguide reflectometry for quench detection (CRADA Final Report)

Early detection of thermal runaway (quench) is critical for safely operating high-temperature superconductor (HTS) magnets. Voltage-based techniques provide late detection of quenching in HTS, which can lead to magnet burnout and system damage. Various non-voltage quench-detection approaches are therefore investigated nowadays that are based on magnetic, acoustic, and optical sensing. LBNL has been actively developing the quench detection principle based on diffuse ultrasonic wave propagation since 2017 and has demonstrated the approach's viability with several peer-reviewed publications and a patent application. Over the last decade, Etegent, LBNL partner for this proposal and effort, has been developing a sensing technology that utilizes the propagation of stress waves through the solid metallic and nonmetallic waveguides (WG). The method is based on the dependence of materials' elastic properties and the speed of sound on temperature. Compared with optical analog, acoustic WG operates at much lower frequencies, eliminating the need for expensive, complex, highly sensitive receivers and data processing. Etegent proved this technology in many harsh environments, mainly concentrated high-temperature measurements. The initial contact between LBNL and Etegent started in 2020, aiming at combining our knowledge and effort toward developing a viable ultrasound-based quench detection technique for use with HTS magnets. A preliminary study conducted jointly in 2022 found no principle restrictions for expanding the WG technology toward cryogenic temperature operation. The present CRADA work aimed at designing, building, and testing ultrasonic waveguide temperature sensors at relevant cryogenic conditions, and demonstrating this technology's applicability to detecting heating and quenching in High Temperature Superconductor (HTS)-based cables and magnets. The technical objectives of the project included: (1) Design and fabricate ultrasonic WG sensors suitable for cryogenic operation, (2) Test ultrasonic WGs under cryogenic conditions, (3) Determining a suitable way of insulating WGs to prevent ultrasonic leakage while maintaining good thermal contact with the surrounding medium, (4) WG integration and cryogenic test with HTS conductors and HTS magnets, and (5) Design and basic prototyping of a standalone WG-based quench detection system. This project adds value to the present LBNL magnet diagnostics portfolio and enables a breakthrough in addressing the HTS magnet quench detection challenge.

47 OTHER INSTRUMENTATION↗

Photovoltaic Plant and Battery Energy Storage System Integration at NREL's Flatirons Campus

Although utility-scale solar photovoltaic (PV) power plants are becoming a cost-effective energy resource, there is belief within the energy industry that the increasing penetrations of PV technologies could potentially impact grid reliability. This is due to the variability across timescales, the forecast uncertainty of the solar energy resource, and the impacts on both distribution and transmission systems. This can cause utilities to severely limit PV installations or to assign PV integration costs when considering a least-cost portfolio of resources. As California and other regions in the United States are marching toward fulfilling - and probably exceeding - their renewables portfolio standards goals, grid operators are beginning to face operational challenges that could have implications for existing renewable and nonrenewable generators and that will shape opportunities for future projects. In this work, we focused on developing controls and conducting demonstrations for AC-coupled PV-battery energy storage systems (BESS) in which PV and BESS are collocated and share a point of common coupling (PCC).

14 SOLAR ENERGY↗

Next Generation Logistics Systems for Delivering Optimal Biomass Feedstocks to Biorefining Industries in the Southeastern U.S.

The diverse portfolio of biomass sources that is available in the Southeastern U.S., including a significant supply of pine “residue”, represents a valuable strategic position for the region. Through blends formulated based on critical properties, this project will take full advantage of the range in biomass properties afforded by the portfolio to produce a consistent, high-performance feedstock for the industry, while lowering cost. Key developments being targeted to enable this potential include whole-tree transport to a state-of-the-art merchandising depot that will further access biomass from ongoing, forest industry operations. The approach will more effectively utilize the tree and distribute cost, while minimizing in-woods contamination of the woody biomass component. To implement this vision, information on the chemical composition and changes that are induced during multiple preprocessing steps (size reduction, moisture removal, densification, etc.) is needed. New NIR sensor technology will be developed for online monitoring of important biomass properties. The data will be incorporated into a statistical process control platform to improve process efficiency and meet required specifications. Advanced process models are being developed to inform the techno-economic and life-cycle assessment of the program’s impact. The new system will ultimately reduce operational risks from supply chain disruptions, and allow operation of larger-scale biorefineries.

09 BIOMASS FUELS↗

Grid Value Proposition of Marine Energy

Marine energy technologies convert the energy of ocean waves, and tidal, river, and ocean currents into electricity and other forms of usable energy. The marine energy resource potential in the United States is significant and geographically diverse, with a study commissioned by the U.S. Department of Energy estimating that the nation’s annual marine energy potential is approximately 2,300 TWh/year across the 50 states, or greater than 57 percent of U.S. electricity generation in 2019. However, the marine energy industry still faces hurdles to commercialization. While high costs relative to wind and solar remain a key challenge, other hurdles relate to marine energy’s value streams not being well characterized and not captured by traditional energy comparison metrics like the levelized cost of energy. To address this challenge, this project undertakes several types of analyses to identify and illustrate value propositions for marine energy resources. It provides a fresh framework for considering electric system benefits based on unique marine energy attributes, and provides analyses illustrating and quantifying those benefits. The authors find many opportunities for the deployment of marine energy technologies both in the near term and within typical utility planning timeframes (i.e. up to 20 years). From a resource and technology perspective, marine energy resources can deliver distinct and valuable benefits to different configurations of the grid, whether the bulk system, isolated distribution systems, or remote communities, islands, and microgrids. Marine energy resources can be valuable in increasing technology diversity in a generation portfolio, providing energy where it is otherwise difficult to come by, supporting local resiliency, complementing and being complemented by other resources including solar, wind, and energy storage, and avoiding land constraints.

16 TIDAL AND WAVE POWER↗

Categorizing distributed wind energy installations in the United States to inform research and stakeholder priorities

Abstract Background Distributed wind energy adoption in the United States can contribute to the diverse portfolio of energy technologies needed to achieve ambitious decarbonization goals. However, with limited deployment to date, the current distributed wind market must be better understood; these efforts will support the range of stakeholders who will drive successful deployment. This article first distinguishes three categories of distributed wind from existing literature: (1) behind the meter, (2) intended for explicit local load, and (3) physically distributed. A novel methodology to classify individual wind installations into each of these categories is then presented and applied to two data sets of wind installations in the United States to categorize and illuminate distinct segments in the distributed wind market. Results Physically distributed installations, constituted by small to moderately sized projects serving local loads on distribution systems solely because of their proximity to them, account for the highest amount of capacity but the lowest number of installations out of the three categories. The inverse is true for behind-the-meter installations, which are used to serve on-site loads. Installations intended for explicit local load, which are interconnected on the utility side of the distribution system and intentionally built to provide energy to loads on the same distribution system, rank in the middle for both installed capacity and number of installations. Conclusions Distributed wind energy deployment in the United States is geographically widespread, but the extent to which a single category is developed in each state varies. Policies, wind resources, and broad energy technology trends contribute to these deployment patterns. By identifying the extent to which each category of installations exists, decision-makers are empowered with data necessary to tailor research and development programs and address stakeholder priorities through policy and other means, ultimately supporting future deployment.

17 WIND ENERGY↗

Batteries Annual Progress Report (FY2019)

The Vehicle Technologies Office (VTO) of the Department of Energy (DOE) conducts research and development (R&D) on advanced transportation technologies that would reduce the nation’s use of imported oil and would also lead to reductions in harmful emissions. Technologies supported by VTO include electric drive components such as advanced energy storage devices (primarily batteries), power electronics and electric drive motors, advanced structural materials, energy efficient mobility systems, advanced combustion engines, and fuels. VTO is focused on funding early-stage high-reward/high-risk research to improve critical components needed for more fuel efficient (and cleaner-operating) vehicles. One of the major VTO objectives is to enable U.S. innovators to rapidly develop the next generation of technologies that achieve the cost, range, and charging infrastructure necessary for the widespread adoption of plug-in electric vehicles (PEVs). An important prerequisite for the electrification of the nation’s light duty transportation sector is development of more cost-effective, longer lasting, and more abuse-tolerant PEV batteries. One of the ultimate goals of this research, consistent with the current vehicle electrification trend, is an EV which can provide the full driving performance, convenience, and price of an internal combustion engine (ICE) vehicle. To achieve this, VTO has established the following overarching goal (Source: FY2021 Congressional Budget Justification1): …identify new battery chemistry and cell technologies with the potential to reduce the cost of electric vehicle battery packs by more than half, to less than $100/kWh (ultimate goal is $60/kWh battery cell cost), increase range to 300 miles, and decrease charge time to 15 minutes or less by 2028. VTO works with key U.S. automakers through the United States Council for Automotive Research (USCAR) – an umbrella organization for collaborative research consisting of Fiat Chrysler Automobiles (FCA), the Ford Motor Company, and General Motors. Collaboration with automakers through the partnership known as U.S. Driving Research and Innovation for Vehicle Efficiency and Energy Sustainability (U.S. DRIVE) attempts to enhance the relevance and the success potential of its research portfolio. VTO competitively selects projects for funding through funding opportunity announcements (FOAs). Directly-funded work at the national laboratories are awarded competitively through a lab-call process. During the past year, VTO continued R&D in support of PEVs. Stakeholders for VTO R&D include universities, national laboratories, other government agencies and industry (including automakers, battery manufacturers, material suppliers, component developers, private research firms, and small businesses). This document summarizes the progress of VTO battery R&D projects supported during the fiscal year 2019 (FY 2019).

25 ENERGY STORAGE↗

COVID-19 Technical Assistance Program: Agrivoltaic for Rural Economic Development and Electric Grids Resilience

Over the past 50 years, the Renewable Energy Program at Sandia has advanced research in the field with a focus on three key goals; 1) reduce the cost, 2) improve resilience and reliability and, 3) decrease the regulatory burden of renewable energy. Sandia’s expertise, coupled with the Village of Questa’s expanding renewable energy portfolio, presents the opportunity to deploy the Labs’ deep science and engineering capabilities towards the energy goals of KCEC and the Village of Questa. Preliminary research efforts by Sandia technical staff has broadly identified early opportunities for further research, development, and demonstration in the emerging renewable energy segment of agrivoltaics. Agrivoltaics is an emerging and promising area of photovoltaics which entails land use considerations as well as concerns regarding landscape transformation, biodiversity, and ecosystem well-being. In recent years, agrivoltaics systems have been the subject of numerous studies due to their potential in the food-energy (and water) nexus. This document is a preliminary evaluation of the projects performance opportunities of agrivoltaics as a renewable energy technology strategy in the region of Questa, NM.

14 SOLAR ENERGY↗

Detector Materials Scoping Study: Research and Development Recommendations

Radiation detection materials have a unique role in many nuclear security missions. The variety of different applications requires the use of different materials whose characteristics are determined by the specific application requirements. While baseline capabilities have been established to use radiation detection in these applications, the potential to greatly advance those capabilities still exists through the development of superior radiation detection materials and/or the development of new materials that enable new technologies to be implemented more effectively. In 2024 the Defense Nuclear Nonproliferation Research and Development (DNN R&D) Near Field Detection Portfolio charged a detector materials scoping study, composed of a group of radiation-detection materials subject matter experts, to produce a community-wide consensus view of the current state of radiation materials research and to set recommendations for expanded investment over a ten-year time frame. This scoping study sought to understand and document the landscape of how radiation detection materials are used, what characteristics drive the selection of various materials, and what developments are needed to drive the state of the art. To respond to this charge, the scoping study created three working groups, each focusing on a different topical area in radiation detection materials research - Semiconductor Materials, Inorganic Scintillators and Organic Scintillators - with the task to identify the current state of the art in materials research and to provide mission-relevant research and development recommendations. Each working group was chaired by two members of the project team with widely recognized expertise in the field. Solicitations were sent out to experts at the DOE national laboratories, industry, academia and federal government agencies to participate in these working groups. The working groups met at regular intervals throughout 2024 and early 2025, each delivering a technical roadmap designed to enable the pursuit of R&D more intensely on high-impact materials challenges and detector solutions that are deemed as the greatest strategic value to DNN R&D and its stakeholders. The roadmap is also intended to help communicate recommended programmatic priorities within DNN R&D and across the nonproliferation and research communities.

36 MATERIALS SCIENCE↗

Energy Efficient Mobility Systems (2023 Annual Progress Report)

This document summarizes the progress of VTO Energy Efficient Mobility Systems projects supported during the fiscal year 2023. DOE conducts research to understand how the changing mobility landscape will affect transportation energy consumption and identifies opportunities to create more efficient, affordable, reliable, accessible, equitable, and secure transportation options that enhance mobility for individuals and businesses. Within EERE, the EEMS Program is responsible for this research portfolio. This APR describes work that the EEMS Program conducted during FY 2023 in support of the EEMS Program goals.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

WETO Software Stack Best Practices

Wind energy researchers typically share one key characteristic: a passion for increasing wind energy in the global energy mix. The U.S. Department of Energy (DOE) supports this mission in a number of ways including allocating funding directly to various aspects of wind energy research through the Office of Energy Efficiency and Renewable Energy (EERE) via the Wind Energy Technologies Office (WETO). While the traditional output of research is academic publication, software development efforts are increasingly a major focus. Software tools in the research environment allow researchers to describe an idea and quickly increase the scope and scale as they study it further. As a product of research, these tools represent a direct pipeline from researcher to industry practitioners since they are the implementation of ideas described in academic publications. Given this vital role in wind energy research and commercial development, the broad research software portfolio supported by WETO must maintain a minimum level of quality to support the wind energy field in the growing transition to renewable energy. This report outlines a series o f best practices to be adopted by all WETO-supported software projects, as well as expectations that the communities interacting with these projects should have of the developers and tools themselves. Wind energy research software has a unique standing in the field of scientific software. The stakeholders are varied with a subset being: (1) DOE EERE leadership, (2) DOE WETO leadership and program managers, (3) National lab leadership, (4) Associated project principle investigators, (5) Research software engineers, (6) Wind energy researchers in academia (including graduate students, post docs, and national lab staff), (7) Industry researchers and practitioners, (8) Commercial software developers, and (9) The general public interested in wind energy. These software are typically the end-user of other generic software libraries, so the funding cycles are often tied to applied research rather than the development of the software itself. Since the developers are also wind energy researchers, these tools are typically designed in a way that closely resembles the application in which they're used. Additionally, the expertise and incentives for the developers have a high variability, and often neither are aligned with software engineering or computer science. Given the unique environment in which wind energy research software is produced and consumed, it is critical for model owners to understand the context of their software. A framework for developing this understanding is to answer the following questions of a given software project: What is it's purpose? What is its role in the field of wind energy? What is the profile of the expected users? For how long will it be relevant? What is the expected impact? These questions allow model owners to identify the appropriate methods for the design, development, and long term maintenance of their software. Additionally, the answer provide context for future planners to understand why particular decisions were made and discern the consequences of changing course. The information is aggregated from experience within WETO-supported software development groups as well as external organizations and efforts to define the craft of research software engineering. These best practices aim to make the collaborative development process efficient and effective while improving the model understanding across stakeholders. Additionally, the general adoption of a common framework for software quality ensures that the end users of WETO software can trust these tools and accurately understand the risks to workflow integration.

17 WIND ENERGY↗

A Primer on Using Analysis to Guide Plastic Circularity

BOTTLE, funded by DOE's Advanced Materials & Manufacturing Technologies Office and Bioenergy Technologies Office (BETO), conducts analysis-guided R&D to change the way we recycle plastics. But what does analysis really mean? In this webinar, BOTTLE Analysis Co-Lead Dr. Taylor Uekert, a researcher with the National Renewable Energy Laboratory (NREL), will introduce key analysis techniques such as techno-economic analysis, life cycle assessment, and environmental justice evaluation. Relevant to both analysts and non-analysts, Dr. Uekert will cover the basics of analysis techniques and discuss how these methods are conducted and interpreted. She will provide examples from the BOTTLE portfolio demonstrating their use in benchmarking and optimizing the costs and environmental impacts of new innovations in plastic redesign and recycling. If you are working in the plastics recycling field - from experimental work to analysis to community-focused projects - you won't want to miss this talk. The webinar will end with a Q&A session.

analysis↗

Platform for Remote Deployment and Training for Enhanced Building Operation Practices (Building Re-Tuning and On-going Commissioning)

While a building’s energy usage is driven largely by its design and use, building operator behavior has a strong influence on its energy consumption. This project developed and piloted a specific, data-driven coaching methodology to help operators understand how they can adjust operations and/or affect no/low-cost repairs or upgrades to their specific building HVAC systems to reduce energy consumption. Named BuildingCoach, the operational optimization method used is based on the Building Re-tuning approach developed by the Pacific Northwest National Laboratory. A building operations analytics market has matured over the past decade, though its potential to affect energy-saving changes has not been fully realized. Training operators to understand the methods for operational optimization with the explicit approach of using building-system performance data is hypothesized to create a more effective, longer lasting result in building energy efficiency, and this strategy is the fundamental premise of this project. With the support of an Industry Advisory Board, the project succeeded in developing materials and recruiting for and delivering three pilot cohorts. Deliverables included twenty-two self-paced training modules (accessed via a Learning Management System) and a web-based platform that includes access to real-time building system data and a repository for building system documentation. The project set out to have 100 participants from 50 buildings in three pilot cohorts. In the end, there were 28 participants from 17 buildings, i.e., a significant shortfall. The first two pilot cohorts had only two buildings in each, and this was partially due to difficulties in deploying the Building Operator Coaching Solution (“the BOCS”), which is technology that extracts the data from the controls network and presents it as prescribed for coaching. In the third cohort, the project team deployed the BOCS successfully to 13 buildings, the methodology was piloted as intended, and numerous opportunities for optimization were identified. The BuildingCoach business plan charts a path to an economically sustainable effort. However, even with a licensing model captured in the final version of the business plan, the scalability is still limited to keeping less than 1,000 buildings affected by 2033. Even so, there are unexplored paths to greater scalability that are being considered. CUNY BPL is working to perpetuate and grow the use of BuildingCoach. As of this writing, about twenty buildings have either been connected or will be connected with operators coached / to be coached in the NYC municipal portfolio, twelve buildings across four campuses in NY State will use BuildingCoach, a NY upstate county wishes for six or seven buildings to participate with the support of funding from NYSERDA, and others have also expressed interest. In the decades to come, there will be an increasing percentage of large and mid-sized buildings that incorporate automated system optimization (ASO), and the building operators’ role will shift to spend more time on maintenance and monitoring. Meanwhile, programs such as BuildingCoach will play a critical role in optimizing operations. And, regardless of the emergence of ASO, operators will still need to understand how their systems operate so that they can monitor them properly. Within that context, BuildingCoach is an important step towards operators’ understanding of efficient building system operations.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

Crossroads of Nonproliferation and Safeguarding Technologies for Implementation in Molten Salt Reactors

Idaho National Laboratory (INL) recently conducted a workshop endorsed by the National Nuclear Security Administration (NNSA) under the auspices of the Defense Nuclear Nonproliferation R&D (DNN R&D) Office's Safeguards Portfolio. The workshop's primary objective was to foster an engaging dialogue among researchers, with a specialized emphasis on the safeguards pertaining to molten salt reactors. At INL, the installation of the state-of-the-art Molten Salt Thermophysical Examination Capability (MSTEC) is underway. This shielded argon glovebox facility, designed for both irradiated and non-irradiated actinide materials, represents the cutting edge of research infrastructure. MSTEC is poised to serve as a pivotal research platform in the realm of molten salt technology, with significant implications for safeguards applications. Participants of the workshop had the opportunity to tour the facilities, including the site where MSTEC is being installed, as well as to observe the INL's molten salt and pyroprocessing research hot cells. The event featured insightful presentations delving into molten salt chemistry and the MSTEC project. Each participating laboratory contributed to the discourse with presentations on their respective research efforts addressing safeguards in relation to molten salt reactors. The workshop culminated with a generative brainstorming session, where participants shared their thoughts on strategic integration with partner agencies, aiming to synergize efforts in advancing the field of nuclear safeguards.

11 - NUCLEAR FUEL CYCLE AND FUEL MATERIALS↗

A Microreactor Program Plan for The Department of Energy

The DOE Microreactor Program was established in FY 2019 to support research and development (R&D) of technologies related to the development, demonstration, and deployment of low-power, transportable reactors to provide power and heat for decentralized generation in civilian, industrial, and defense energy sectors. The program conducts both fundamental and applied R&D to de-risk technology performance and manufacturability readiness of microreactors. R&D projects and work packages are selected to support concept-neutral technology maturation. The intent is to ensure those concepts can be licensed and deployed by commercial entities to meet specific use case requirements. At the same time, the program will also support R&D specific to certain reactor technology groups (e.g., heat pipe reactors and gas-cooled reactors) to ensure relevancy and address the technology needs of commercial developers. The program will ensure coordination of work and activities across participating laboratories and universities, establish, and manage stakeholder interactions, and support program meetings. These stakeholders include, but are not limited to, industry developers, the U.S. Nuclear Regulatory Commission, the Department of Energy, policymakers, and end users. This document provides an overview of the overall Microreactor Program, including its vision, key technical objectives, and scope of the current and proposed R&D portfolio. It covers a 5-year rolling currently from Fiscal year 2025 through Fiscal year 2030. This document will be revised at least biennially to reflect changing priorities.

99 - GENERAL AND MISCELLANEOUS↗

The future of subsurface monitoring: AEC’s breakthroughs in CCS technology

Carbon capture and storage (CCS) has emerged as a key solution in the fight against climate change. However, for CCS to succeed, it is crucial to ensure that the sequestered CO2 stays safely trapped underground. The U.S. Department of Energy (DOE) has emphasized the need for advancements in subsurface monitoring, measurement, reporting, and verification. Aside from caprock integrity failure, the other primary failure points usually involve defective cement in the casing annulus of wellbores or plugged and abandoned wells. In addition, many energy producers (e.g., oil and gas, geothermal) and storage and disposal operators (e.g., H2 and water) must deal with the same issue. Poorly placed or degraded cement can create pathways for gas or fluid to escape from casing annuli and in plugged and abandoned or orphan wells, posing environmental risks. Yet, a reliable and cost-effective way to monitor cement and well integrity over multiple decades is still unavailable. Traditional geophysical methods like 4D seismic imaging and surface-based electromagnetic monitoring lack the resolution and accuracy for detecting these types of failures (Vasco et al., 2022; Fawad and Mondol, 2021). Wireline logging is expensive to run continuously and is obtrusive to the operation. While fiber optics can potentially be a solution, its bulkiness can significantly compromise the cement's integrity. To address these challenges, the Advanced Energy Consortium (AEC) at The University of Texas at Austin’s Bureau of Economic Geology (the Bureau) has been pioneering research in subsurface monitoring using its portfolio of distributed autonomous microfabricated sensors for harsh subsurface environments since 2008. A class of these microsensors [System on a Chip (SoC)] can be mixed in cement and permanently placed without compromising the cement column; the sensors would then communicate with each other or a data acquisition (DAQ) master node. Another class of the AEC microsensors can be fully autonomous, with rechargeable micro-batteries capable of exceeding 100°C, flash memory, and, currently, a pressure and temperature sensor. They are designed to circulate in mud, geothermal fluids, U-loops, or pipelines. They can log data into memory and are unobtrusive to operations. Our team has been working on a multi-year DOE-funded project (DE-FE0031856)—supported by $2.95M in federal funding and $0.75M in cost-matching from the AEC—to demonstrate SoC sensor utility for CO2 leakage monitoring in CCS applications. This multi-institutional collaboration developed a novel sensing architecture utilizing radiofrequency (RF) microsensors embedded within the cement sheath. These sensors detect CO2 migration and are interrogated via a Smart Casing Collar (SCC).

58 GEOSCIENCES↗

Innovative Pathways: Transforming Impact Investments to Working Capital For Early Stage Cleantech Companies: Los Angeles Cleantech Incubator (January 1, 2020 to March 31, 2020)

Project Objectives: The focus for the entirety of the last quarter was on the completion of the pilot loan funding within our portfolio, and the closing out of our DOE-CAP Grant: “Innovative Pathways: Transforming Impact Investments to Working Capital for Early Stage Cleantech Companies.” The fourteenth quarter (Q14) of the program performance was also dedicated toward two main activities: the continued fundraising efforts for a formalized LACI debt fund, as well as finalization of the lending processes for pilot underwriting amongst the LACI Team and with Mission Driven Finance. This quarter marked key successes around the workflows of the DOE-CAP grant, specifically around fund capitalization efforts. Activities during the thirteenth quarter included: 1. Finalization of the DOE-CAP grant activities and work-flows; 2. Due diligence, underwriting and issuance of one (1) loan in Q1 2021 and three (3) in Q4 2020 for technology providers in grant-funded zero emissions mobility & community pilots, in partnership with LACI and local organizations, totaling ten (10) total loans; 3. Development of fundraising and marketing materials, and distribution to 30+ possible funding sources over the course of Q13 & Q14; and 4. Reinvigoration of conversations with Mission Driven Finance, the prospective underwriting partner for key activities and governance documents, and finalization of all loan processing activities once the fund is capitalized

29 ENERGY PLANNING, POLICY, AND ECONOMY↗