Energy Department Seeks Methane Hydrate Proposals
17th of April, 2014
ANCHORAGE, Alaska April 13, 2014 (AP)
By DAN JOLING Associated Press
The U.S. Department of Energy is soliciting for another round of research into methane hydrates, the potentially huge energy source of "frozen gas" that could step in for shortages of other fossil fuels.
The department is looking for research projects on the North Slope of Alaska that could explore how to economically extract the gas locked in ice far below the Earth's surface.
DOE is also seeking researchers to document methane hydrate deposits in outer continental shelf waters of coastal states.
The DOE anticipates federal funding of $20 million over two years that could be leveraged into research costing $80 million, according to its "funding opportunity announcement." The department could award money for both methane hydrate extraction research and for documentation or just one of those two research areas, according to the announcement.