Business & Economy
7:00 am
Wed June 13, 2012

RTI Awarded Energy Grant

RTI International has been awarded 4-point8-million dollars to develop technology to help reduce the energy needed to power manufacturing facilities.

Leoneda Inge:  RTI International will partner with Duke University and Veolia Water Solutions in Cary to develop a system that will allow heat from industrial processes to treat waste-water.  David Danielson is Assistant Secretary of Energy Efficiency and Renewable Energy for the US Department of Energy.  He says his office is funding 13 projects in this first round.

David Danielson:  We can either lead in the transition to a global, clean energy economy, invent these technologies and sell them overseas, or we can feed global leadership to countries like China, India and South Korea and be importing these technologies 5 to 10 years from now.

General Motors, MIT and The Dow Chemical Company are some of the other institutions awarded money by the Energy Department.