U.S. Department of Energy (DOE)
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DOE's commitment of $500 million in IRA dollars may not be enough. Building private sector confidence in the emerging HALEU market could require up to $2.9 billion more in additional federal funding.
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The Department of Energy is seeking recipients for up to $70 million of investments into energy resilience.
Michels Corporation
DOE laid out its plans to release draft National Interest Electric Transmission Corridors this spring, which will then start a process of refinement before they are finalized over several years.
DOE
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.
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Hydrogen producers seeking tax credits will need to use new clean energy time-matched to demand, the Biden administration proposed.
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The Department of Energy released its final guidelines for the designation of National Interest Electric Transmission Corridors, which are narrowly defined areas where transmission is urgently needed to ensure reliability and affordability and advance “important national interests.”
Minnkota Power Cooperative
Coming on the heels of COP28 in Dubai - and its weak call for a reduction in fossil fuel use - some researchers and advocates continue to argue that the normalization of CCS will simply prolong the burning of fossil fuels and the emissions they produce.
PacifiCorp
Utilities are rolling out new GETs projects, DOE officials said, but “there are more than 3,000 utilities in the United States, and a few excellent projects won’t get us where we need to be.”
LEEDCo
The Lake Erie Energy Development Corp. announced that Icebreaker Wind has become financially untenable.
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As U.S. automakers pull back on plans to invest heavily in electric vehicles, claiming sales are not growing as fast as expected, the Treasury Department and Internal Revenue Service issued new guidelines on the federal tax credits for EVs that could further slow sales.
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