ARPA-E is a bold concept that will provide access to the funding needed to bring the next generation of energy technologies to fruition. Specifically ARPA-E aims to:

• Enhance our economic security by identifying technologies with the potential to reduce energy imports from foreign sources; reduce energy-related greenhouse gas emissions; and improve efficiency across the energy spectrum.
• Ensure we remain a technological leader in developing and deploying advanced energy technologies.

ARPA-E will uniquely focus on high risk, high payoff concepts - technologies promising true energy transformations. The Department invests heavily in basic research and ARPA-E is not intended to augment these efforts.