DOE

The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administration, including for upgrades to energy infrastructure. The DOE’s Loan Programs Office (LPO) on Jab. 16 said it had given a $1.66 billion loan guarantee to Plug Power’s subsidiary, […]

As we enter 2025, the world’s growing need for charging large battery storage in vehicles is driving many changes in how we generate, transmit, distribute and use energy. Against this backdrop, four major trends are poised to impact the energy sector in the coming year and beyond. We expect significant advancements to be seen in […]

The Biden administration has finalized a $15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), in the biggest outlay to a single group in the history of the Dept. of Energy’s (DOE) Loan Programs Office (LPO). The Jan. 17 announcement comes one day after the outgoing administration said it would provide nearly […]

Constellation Energy said the company is applying for federal funding as it evaluates whether to put one or more small modular nuclear reactors (SMRs) at its Nine Mile Point nuclear power plant in New York. Constellation in a news release on Jan. 15 said the New York State Energy Research and Development Authority (NYSERDA) has […]

The need for emissions-free power generation, along with the ability to provide more power when and where it’s needed, is driving research and development of smaller nuclear reactors. Energy industry

President-elect Donald Trump announced that Chris Wright, the CEO and founder of Denver, Colorado-based Liberty Energy, will lead the Department of Energy (DOE) in the new administration. “I am thrilled to announce that Chris Wright will be joining my Administration as both United States Secretary of Energy, and Member of the newly formed Council of […]

Utilities recognizing the need to produce more electricity, in part to satisfy demand from data centers, may keep coal-fired units in operation longer than anticipated. A lessening of environmental regulations under the incoming Trump administration also means power generators are rethinking plans to retire their fossil fuel-burning facilities. Chris Womack, CEO of Southern Co., is […]

The U.S. Dept. of Energy’s (DOE’s) Loan Programs Office (LPO) has published Community Benefits Plans (CBPs) for several projects that recently finalized financing from the agency. The projects include the restart of the Palisades nuclear power station in Michigan, which is expected next year. The DOE on Oct. 29 said the CBPs are part of […]

A company backed by Japan’s SoftBank Group and Ares Climate Infrastructure said three solar power of its projects are now online in Texas. SB Energy, a renewable energy group focused on utility-scale installations, said the solar farms—with about 900 MW of combined generation capacity—will support the state’s power grid and provide electricity for Google’s data […]

A report from a group that looks at economic conditions in the Appalachia region of the U.S. says a hydrogen hub proposed for the area already faces significant challenges. The Ohio River Valley Institute in a research brief published this month said five of the 15 originally proposed projects in the hub have been canceled, […]