TIC, Sargent & Lundy, Mitsubishi lead team picked to build $1.2B hydrogen-capable Texas power plant, as U.S. Energy Dept. aims first half of infrastructure law funds to expand fuel's use and refine technology gaps some market observers see.
US Energy Dept. needs analysis estimates that 47,300 GW-miles of new lines must be built by 2035, a 57% increase, as renewable sources expand—but study says grid investment has steadily declined since 2015.
Agency hopes to spur private capital investment in carbon capture and storage projects to help reduce harmful emissions, with funds authoried by the 2021 federal infrastructure law.
GAO analysis says 11 large-scale projects at coal-fired power plants and industrial sites were funded; department counters that a new clean energy demo program beefed up with with infrastructure act funds will fix cost management.
Fluor-led team gains performance-based award to manage construction and operations at DOE Oak Ridge, Tenn. and Texas-based Pantex complexes valued at up to $2.8B annually for a possible 10 years.