DOE closes $1.6 billion transmission loan guarantee for utility giant Axios Energy Department offers $1.6 billion loan guarantee to upgrade transmission lines across Midwest AP News Trump finalizes $1.6B loan for power lines initiated by Biden The Hill Not all grid projects are feeling Trump’s ax Politico How the Loan Programs Office Became the Energy Dominance Financing Office Heatmap News Source link
Read More »Tag Archives: DOE
New List of Canceled DOE Grants Includes All 7 Hydrogen Hubs
Christoph Gebald, the CEO of Climeworks, acknowledged “market rumors” in an email, but said that the company is “prepared for all scenarios.” “Demand for removals is increasing significantly, with momentum set to build as governments set their long-term targets,” he said. “The need for DAC is growing as the world falls short of its climate goals and we’re working to …
Read More »Lithium Americas Shares Surge After DOE Loan Agreement Advances – Lithium Americas (NYSE:LAC)
Lithium Americas Corp (NYSE:LAC) (TSX:LAC) shares are trading higher after the company recently reached a non-binding agreement in principle with the U.S. Department of Energy (DOE) to advance the first draw of $435 million on its previously announced $2.26 billion DOE loan. What Happened: The agreement, reached together with General Motors , LAC’s joint venture partner in the Thacker Pass …
Read More »Trump’s energy department said wind and solar energy capacity is ‘worthless’ without sunlight or wind. Elon Musk reminds DoE about batteries: ‘Um… hello?’
President Donald Trump’s Department of Energy sparked backlash last week after posting on X that “wind and solar energy infrastructure is essentially worthless when it is dark outside, and the wind is not blowing.” The message echoed recent remarks from Energy Secretary Chris Wright, a longtime oil and gas executive, who defended Trump’s claim that renewable energy is driving up …
Read More »FERC approves cost allocation paths for power plants DOE ordered to run past shutdown dates
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. The Federal Energy Regulatory Commission on Friday approved pathways for Consumers Energy and Constellation Energy to recover the costs of complying with U.S. Department of Energy orders to continue running power plants they had planned to retire. The costs of keeping the …
Read More »DOE Announces Site Selection for AI Data Center and Energy Infrastructure Development on Federal Lands
The forthcoming solicitations will drive innovation in reliable energy technologies, contribute to lower energy costs, and strengthen American leadership in artificial intelligence WASHINGTON– The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure through siting on DOE lands. DOE has selected four sites—Idaho National Laboratory, Oak Ridge …
Read More »DOE approves giving ExxonMobil a million barrels of oil from reserve
Energy Secretary Chris Wright at the U.S. Capitol in Washington, D.C. (pictured in May), said, “Investing in American energy enables energy independence and truly unleashes America’s ability to serve as the world leader in global energy.” File File Photo by Bonnie Cash/UPI | License Photo July 11 (UPI) — The U.S. Department of Energy announced Friday it has approved an …
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