Four teams of researchers in Illinois will receive millions of dollars in federal funding to advance projects in power electronics and converting forms of electricity, which is becoming increasingly necessary for a more efficient and distributed power grid.
Researchers at the University of Illinois Urbana-Champaign are exploring the potential for “self-healing” energy storage batteries that could respond to deterioration after wear and tear.
Venture capital invested in clean tech is shrinking, and the capital that is being spent is concentrated on the East and West coasts, not the Midwest, according to a recent study by the Brookings Institution.
A Chicago-based startup is trying to address a major engineering challenge with the electric grid by redesigning one of the most fundamental substances in the universe: ice.
A Chicago-based clean tech accelerator is giving eight student-led startups the chance to win tens of thousands of dollars in early-stage funding and to compete in a national competition later this year.
The electrical grid is looking more and more like a supercomputer. Just as Internet-enabled technology has transformed cars, phones and other everyday devices, big data and code are only beginning to reshape the megastructure that keeps the lights on.
Galesburg, Illinois is a long way from Silicon Valley. There are no Google or Apple offices in the west-central Illinois city, population 32,000, but it is home to at least one scrappy tech firm reinventing how we use an everyday product.
Nancy Pfund and the Silicon Valley venture capital firm she founded take a different approach than many of her peers. When she and her colleagues decide whether to invest in a firm, they look not only at the underlying market conditions, but whether the company might change the world in a positive way.