DOE's Crane and Shah said all grant and loan applications are evaluated and carefully vetted by federal career staff and agency engineers and experts.
DOE gets business friendly. “The private sector has heard that DOE wants to hear their opinions and is willing to be responsive to what they have to say," said LPO Director Jigar Shah.
Eos Energy Enterprises prides itself on procuring most of its raw materials within a day’s drive of its plants in Turtle Creek, Pa.
The clean energy industry has incentives in the Inflation Reduction Act but lacks ambition, the head of the Department of Energy’s Loan Programs Office said.
DOE is estimating that 500 to 750 GW of clean, firm power — including 200 GW of new nuclear — will be needed to reach net-zero emissions economy-wide by 2050.
DOE released three reports assessing how the U.S. can decarbonize by 2050 through massive deployment of hydrogen, advanced nuclear and energy storage.
The rising profile of nuclear power as one of the critical technologies that will power the U.S. to a carbon-free grid was a major theme at NARUC's conference.
The Atlantic Council, working with the U.S. Nuclear Industry Council, webcast an 8-hour live program featuring more than 30 speakers in a half-dozen panels.
The hydrogen revolution could be stuck in neutral unless big industry and finance buy in.
The impact of growing power demand is a key problem in the drive to decarbonize U.S. electricity, said Robert Rowe, president of NorthWestern Energy.
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