Loan Programs Office (LPO)
Signed into law Aug. 16, 2022, the IRA is the largest federal investment in climate and clean energy action in history, and leading up to the IRA’s second anniversary, the Department of Energy and other agencies have heralded the law’s impact and benefits.
U.S. Department of Energy officials say they're optimistic the costs of offshore wind energy development will begin to ease by the end of the decade.
Artificial intelligence may be driving new energy demand from hyperscale data centers, but it could also help find new solutions to meet that demand.
The first new reactors built in the U.S. since 2016, Vogtle’s two units have come online seven years late and $17 billion over budget, leaving subsequent projects surrounded by perceptions of risk.
Michigan’s 800-MW Palisades nuclear power plant could become the first nuclear plant in the U.S. to be restarted, helped by a $1.52 billion loan from DOE’s Loan Programs Office.
With site preparation now complete, Lithium Americas is estimating a three-year construction period at Thacker Pass, with the mine and plant producing at full capacity in 2028.
Currently under construction, the Viejas microgrid will combine 15 MW of solar with 38 MWh of long-duration, non-lithium storage and is the first loan the LPO has made under its long-dormant Tribal Energy Financing Program.
CPower hosted an event outside D.C. that charted the demand response's industry's evolution to a virtual power plant model that can help the industry manage the growing share of DERs coming onto the grid.
DOE is focused on reshaping the U.S. energy landscape, but officials may have only another year to build the momentum needed to make any potential Republican rollbacks unpopular and unlikely.
The Lake Erie Energy Development Corp. announced that Icebreaker Wind has become financially untenable.
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