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November 5, 2024

Department of Energy

Eos Energy Enterprises
LPO Makes $398 Million Conditional Loan to Long-duration Storage Company
Eos Energy Enterprises prides itself on procuring most of its raw materials within a day’s drive of its plants in Turtle Creek, Pa.
Shutterstock
DOE Puts Up $15.5 Billion to Retool Factories for EVs
DOE announced $15.5 billion from several sources that will help American manufacturers retool for EVs, preserving well-paying jobs in the process.
Shutterstock
DOE Announces $500M in IIJA Funds for CO2 Pipeline Buildout
DOE grants will be used to help developers make up the difference in cost between building CO2 pipelines for current demand versus projected future demand.
Great River Energy
DOE Announces $300M for Tx Siting, Community Development
DOE announced $300 million in grants is available to states, local governments and tribes under its Transmission Siting and Economic Development Program.
Shutterstock
Closed-Loop Hydro’s Climate Impact Found Less Than Batteries

A new analysis of five forms of grid-scale energy storage finds that closed-loop pumped storage hydropower has the smallest climate impact.

Ørsted U.S.
DOE Projects Strong Growth for US Wind Industry

The Department of Energy issued three reports on wind-generated electricity, projecting strong but not uniform growth for the nation’s onshore, offshore and distributed wind power sectors.

PA DOT
Pennsylvania to Spend $33.8M in NEVI EV Charger Funds
Pennsylvania announced an investment of federal funds totaling $33.8 million to install 54 EV charging projects as the state seeks to put more EVs on state roads.
PPL
Grid-enhancing Technologies Poised for Growth with Federal Funds
Grid-enhancing technologies have been piloted in many places, but with recent FERC orders and federal funding, they are poised to become much more common.
DOE
DOE Wants US to Produce 50 Million MT of Clean Hydrogen by 2050
The White House and Department of Energy unveiled a new interagency task force aimed at reaching the administration’s ambitious goals for the deployment of clean hydrogen.
The White House
DOE: IRA, IIJA Could Add 475 GW of New Solar to US Grid by 2030
The combined impact of the Inflation Reduction Act and Infrastructure Investment and Jobs Act could add up to 475 GW of new solar and 250 GW of new wind power, according to DOE.

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