The REMADE Institute announce today that it has awarded $19.6 million in new technology research, selecting 14 new research, development and demonstration projects as part of the Institute’s latest round of funding.
Half of the projects involve research at the demonstration phase, responding directly to the nation’s need to meet multiple U.S. energy, environmental, and economic goals.
"These projects underscore the importance of manufacturing and materials innovations toward advancing a circular economy," said Dr. Christopher Saldaña, Director of DOE’s Advanced Materials and Manufacturing Technologies Office (AMMTO). "The partnership between DOE and the REMADE Institute serves as a conduit for catalyzing transformative practices that not only bolster America's manufacturing expertise but also accentuate our nation's commitment to environmental stewardship."
According to the U.S. Department of Energy, manufacturing accounts for 25% of U.S. energy consumption at a cost of approximately $150 billion. Based on data from the U.S. Environmental Protection Agency, industry is the single largest contributor to greenhouse gas emissions in the nation, at 30%.
REMADE Chief Executive Officer Nabil Nasr said these are just some of the main reasons 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 imperative,” Nasr said. “It’s critical in reducing industry’s energy consumption and emissions in the race to net-zero by 2050. At the same time, a circular approach is vital to increasing U.S. manufacturing’s competitiveness, increasing the resiliency of the nation’s supply chain, and creating new clean economy jobs.”