US Department of Energy to solicit further research in methane hydrates
April 15, 2014, 12:01 am TWN
ANCHORAGE, Alaska--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 US$20 million over two years that could be leveraged into research costing US$80 million, according to its "funding opportunity announcement."