OAK RIDGE, Tenn. (AP) — A consortium of about 40 companies is working with the Oak Ridge National Laboratory to develop a cheap form of carbon fiber that can be used to replace steel in manufacturing.
Carbon fiber is lightweight and stronger than steel, but currently it is expensive to produce. It is used in products like high-end bicycles. To make it cheaper, the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy awarded a $35 million grant to ORNL for a manufacturing demonstration facility.
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