Funds are earmarked for 42 projects in as many states and
D.C., with an added $28 million set for award to 15 states to expand and train the U.S. green building workforce.
U.S. sets record in hydroelectric system investment, with new tidal energy and scaled up enhancd geothrmal pilot projects also gaining millions and grid expansion efforts getting a $1.2B infusion.
Cities and states are working to reduce emissions, but efforts must grow in scale and pace, according to the analysis released Nov. 14 by the Biden administration.
Federal grants and loans under new infrastructure funding laws will favor applicants with strategies to retain and attract skilled workers for “high-quality jobs," a move observers say is timed with escalating auto industry labor battles.
The U.S. Energy Dept. updates its strategy to cut emissions with clean hydrogen, but the Treasury Dept. won't propose until summer rules on how emissions from its production are counted when awarding critical project tax incentives outlined in the 2022 climate law.
U.S. Energy Dept. did not detail why it withdrew its conditional loan to Texas-based Microvast made last year for a $500M plant in Kentucky, but the firm's founder disputes Congressional allegations of alleged ties to the Chinese government voiced in letters to the agency since last year.
DOE's push to attract private investors is seen to fast-track commercialization of clean hydrogen, long duration energy storage and advanced nuclear power.
US Energy Dept. cites report of 22 'shovel ready' high-voltage transmission and clean-energy link projects valued at $33 billion, but analysis claims half won't be built 'near term' due to planning and permitting hurdles.