Global investment in passenger electric vehicles was up 36% in 2023, investment in energy storage jumped 77%, and investment in carbon capture and storage nearly doubled.

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.

Coming off the Earth’s hottest summer on record, the conference zeroed in on the public-private partnerships needed to optimize the impact of every penny of the billions in clean energy funding in the IIJA and IRA.

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.

New technologies upend conventional wisdom that heavy industry — cement, steel, petrochemicals — will be hard to abate or require carbon capture. But how fast can they scale?

DOE Office of Clean Energy Demonstrations (OCED) Director David Crane is bringing decarbonization to the 2020s — and taking industry along.