|
Start-ups
|
|
Home / Start-ups / Pre-Seed Fund / Alternative Energy Technology Definitions
Alternative Energy Technology Definitions
“Alternative Energy Technology” means applied research or commercialization of new or next generation technology in 1 or more of the following:
- Alternative energy technology as that term is defined in Section 2 of the Michigan NextEnergy Authority Act, 2002 PA 593, and MCL 207.822. Alternative energy technology means equipment, component parts, materials, electronic devices, testing equipment, and related systems that are solely related to the following:
(Note: See 2002 PA 593 for complete definitions) - The storage or generation of hydrogen for use in an alternative energy system.
- A microgrid as defined as lines, wires, and controls to connect 2 or more alternative energy systems.
- The process of generating and putting into a usable form the energy generated by an alternative energy system. Alternative energy technology does not include those component parts of an alternative energy system that are required regardless of the energy source. Alternative Energy Systems include the following:
- Fuel Cell Energy System – One or more fuel cells or fuel cell stacks and an inverter or other power conditioning unit. A fuel cell energy system may also include a fuel processor.
- Photovoltaic Energy System – A solar energy device composed of 1 or more photovoltaic cells or photovoltaic modules and an inverter or other power conditioning unit. A photovoltaic system may also include batteries for power storage or an electricity storage device.
- Solar-Thermal Energy System – An integrated unit consisting of a sunlight collection device, a system containing a heat transfer fluid to receive the collected sunlight, and heat exchangers to transfer the solar energy to a thermal storage tank to heat or cool spaces or water or to generate electricity.
- Wind Energy System – An integrated unit consisting of a wind turbine composed of a rotor, an electrical generator, a control system, an inverter or other power conditioning unit, and a tower, which uses moving air to produce power.
- CHP Energy System – An integrated unit that generates power and either cools, heats, or controls humidity in a building or provides heating, drying, or chilling for an industrial process that includes and is limited to both of the following:
- An absorption chiller, a desiccant dehumidifier, or heat recovery equipment.
- One of the following:
- An internal combustion engine, an external combustion engine, a microturbine, or a miniturbine, fueled solely by a clean fuel.
- A fuel cell energy system.
- Microturbine Energy System – A system that generates electricity, composed of a compressor, combustor, turbine, and generator, fueled solely by a clean fuel with a capacity of not more than 250 kilowatts. A microturbine energy system may include an alternator and shall include a recuperator if the use of the recuperator increases the efficiency of the energy system.
- Miniturbine Energy System – A system that generates electricity, composed of a compressor, combustor, turbine, and generator, fueled solely by a clean fuel with a capacity of not more than 2 megawatts. A miniturbine energy system may also include an alternator and a recuperator.
- Stirling Cycle Energy System – A closed-cycle, regenerative heat engine that is fueled solely by a clean fuel and uses an external combustion process, heat exchangers, pistons, a regenerator, and a confined working gas, such as hydrogen or helium, to convert heat into mechanical energy. A Stirling cycle energy system may also include a generator to generate electricity.
- Battery Cell Energy System – One or more battery cells and an inverter or other power conditioning unit used to perform 1 or more of the below functions.
- Propel a motor vehicle or an alternative energy marine propulsion system.
- Provide electricity that is distributed within a dwelling or other structure.
- Provide electricity to operate a portable electronic device including, but not limited to, a laptop computer, a personal digital assistant, or a cell phone.
- "Battery Cell" means a closed electrochemical system that converts chemical energy from oxidation and reduction reactions directly into electric energy without combustion and without external fuel and consists of an anode, a cathode, and an electrolyte.
- Clean Fuel Energy System – A device that is designed and used solely for the purpose of generating power from a clean fuel. Clean fuel energy system does not include a conventional gasoline or diesel fuel engine or a retrofitted conventional diesel or gasoline engine.
- Clean fuels are defined as:
- Methane
- Natural gas
- Methanol neat or methanol blends containing at least 85% methanol
- Denatured ethanol neat or ethanol blends containing at least 85% ethanol
- Compressed natural gas
- Liquefied natural gas
- Liquefied petroleum gas
- Hydrogen
- Electricity Storage System – One or more electricity storage devices and inverters or other power conditioning equipment. An “electricity storage device” means a device, including a capacitor, that directly stores electrical energy without conversion to an intermediary medium.
- Devices or systems designed and used solely for the purpose of generating energy from agricultural crops, residue and waste generated from the production and processing of agricultural products, animal wastes, or food processing wastes, not including a conventional gasoline or diesel fuel engine or retrofitted conventional gasoline or diesel fuel engine.
- A new technology, product, or system that permits the utilization of biomass for the production of specialty, commodity, or foundational chemicals or of novel or economical commodity materials through the application of biotechnology that minimizes, complements, or replaces reliance on petroleum for the production. Alternative Energy Technology also includes a new technology, product, or system that utilizes wind energy.
- Advanced computing or electronic device technology related to alternative energy technology.
"Advanced computing" means any technology used in the design and development of 1 or more of the following: - Computer hardware and software
“Electronic Device Technology” means any technology that involves microelectronics, semiconductors, electronic equipment, and instrumentation, radio frequency, microwave, and millimeter electronics; optical and optic-electrical devices; or data and digital communications and imaging devices. - Design, engineering, testing, or diagnostics related to alternative energy technology.
- Product research and development related to alternative energy technology.
|
|
|