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.
Report says US sector hit big development milestones last year, including project movements and three federal lease auctions that added 11.4 GW in capacity, with another set in the Gulf of Mexico, but advocacy group says this still likely won't meet Biden call for 30 GW of power deployed by 2030.
One year after Ukraine invasion upended energy supply and costs, more natural gas projects are in motion in the US and globally, but concern grows over greenhouse gas impacts as industry seeks design, construction and operations solutions.
Electric Mustangs are set to use factory's first in the U.S. lithium iron phosphate batteries, which are more durable with less high-cost materials, automaker says, despite lawmaker concerns about the China link.
Redwood Materials plans to draw pieces of federal financing as it achieves milestones in phased construction of its northern Nevada battery materials campus.
North Plains Connector from South Dakota to Montana would enable shared power and more system reliability for large US grids, but transmission experts decry big gaps in "planning, permitting and paying."
State regulators approved construction of a 1-GW onshore wind project, set to double current capacity, while the US Interior Dept. will allow development of a floating offshore wind turbine array in the deep-water Gulf of Maine.
Firms, GE Hitachi and Ontario Power will build the 300-MW plant under a single collaborative agreement to
avoid potential delays and cost overruns, said Ken Hartwick, utility
president and CEO.