Tag

Doe

All articles tagged with #doe

energy2 days ago•2 min saved

DOE Boots Up $171.5M to Scale U.S. Geothermal Testing and Drilling

The U.S. Department of Energy is awarding $171.5 million in a funding opportunity to support next‑generation geothermal field‑scale tests for electricity generation and exploration drilling to validate promising geothermal prospects. The first round will open with two topics focused on enhanced geothermal systems and hydrothermal resource characterization/confirmation. DOE says the effort could unlock large geothermal potential—up to about 300 GW by 2050—and is part of President Trump’s energy agenda; letters of intent are due March 27, 2026, with full applications due April 30, 2026.

via Department of Energy (.gov)|

#doe #energy #energy-policy

business5 days ago•8 min saved

Beard leads world's biggest energy lender to accelerate U.S. power, grid resilience

Gregory Beard has taken over the DOE's Office of Energy Dominance Financing (EDF), the world's largest energy lender with about $289 billion in loan authority, and is steering a rapid, results-focused expansion after a Biden-era turnaround that canceled or restructured roughly $83.6 billion in loans to prioritize affordability and reliability. The EDF will focus on six areas—nuclear; coal, oil, gas and hydrocarbons; critical minerals; geothermal; grid and transmission; manufacturing and transport—and aims to deploy a wave of loans (including potentially the largest ever), with EDF able to fund up to 80% of project costs for nuclear. The goal is to boost domestic generation, shore up the grid, and reduce China’s dominance over critical minerals while refinancing or building new capacity to lower power costs.

via CNBC|

#business #doe #energy-dominance-financing

energy-and-climate1 month ago•9 min saved

Cold snap tests US power grid as outages spread

Winter Storm Fern knocked out power for more than a million customers across the South as frigid conditions loom, pressuring the electric grid. PJM projected record winter demand and the Energy Department allowed full operation of grid resources while utilities mobilized tens of thousands of workers; gas prices surged and authorities warned the system could remain stressed through the week amid ice and falling temps.

via Politico|

#doe #electric-grid #energy-and-climate

technology1 month ago•2 min saved

US Aims Lunar Nuclear Power by 2030 for Artemis Missions

NASA and the Department of Energy sign a memorandum of understanding to co-develop a fission surface power system for the Moon, aiming to deploy a lunar surface reactor by 2030 to provide continuous power for Artemis missions and future Mars exploration, continuing a long-standing U.S. collaboration in space technology and national security.

via NASA (.gov)|

#artemis #doe #lunar

energy2 months ago•2 min saved

US invests $800M in small modular reactor development with TVA and Holtec

The U.S. Department of Energy has selected TVA and Holtec to support the deployment of small modular reactors in Tennessee and Michigan, with up to $800 million in funding, aiming to deliver new nuclear capacity by the early 2030s and strengthen domestic supply chains as part of a broader effort to expand America's energy independence and security.

via Department of Energy (.gov)|

#doe #energy #holtec

energy4 months ago•2 min saved

DOE approves $1.6B loan guarantee for Midwest transmission upgrades

The Energy Department finalized a $1.6 billion loan guarantee for American Electric Power to upgrade and rebuild 5,000 miles of transmission lines across five states, aiming to modernize the grid, expand capacity, and support economic growth, with the project benefiting from recent policy changes and emphasizing the role of government in strategic energy infrastructure.

via Axios|

#aep #doe #energy

politics4 months ago•2 min saved

White House and Energy Secretary Disagree on $30B Budget Cuts

The White House and Energy Secretary Wright are at odds over $30 billion in proposed cuts to the Department of Energy, with internal conflicts over project eliminations and leadership positions, amid political pressures from Republican lawmakers and disagreements over energy policies.

via Politico|

#budget-cuts #doe #energy-department

politics4 months ago•3 min saved

Energy Department Cancels $7.5B in Clean Energy Projects Amid Political Tensions

The Department of Energy canceled $7.56 billion in clean energy projects, primarily affecting states that voted for Kamala Harris in the last election, including major projects in hydrogen hubs and direct air capture, amid political and partisan tensions.

via TechCrunch|

#blue-states #cancelation #clean-energy

politics4 months ago•2 min saved

Energy Department Cancels $7.6 Billion in Clean Energy Grants Amid Political Controversy

The Energy Department has canceled $7.56 billion in clean-energy projects, mainly in Democratic-leaning states, citing concerns over project viability and economic return, sparking political controversy and accusations of political bias and setbacks for climate efforts.

via Axios|

#clean-energy #climate-policy #doe

energy5 months ago•2 min saved

DOE Advances Nuclear Fuel and Reactor Initiatives to Strengthen U.S. Energy Future

The U.S. Department of Energy has selected four companies—Oklo, Terrestrial Energy, TRISO-X, and Valar Atomics—to develop advanced nuclear fuel lines, aiming to strengthen domestic nuclear fuel supply, support reactor deployment, and enhance national security under the Trump administration's energy strategy.

via Department of Energy (.gov)|

#advanced-reactors #doe #domestic-supply

energy5 months ago•2 min saved

US Accelerates Power Grid Projects to Support AI Growth

The U.S. Department of Energy launched the Speed to Power initiative to accelerate large-scale grid infrastructure projects, aiming to meet growing energy demands, support AI development, and enhance grid reliability and security, in line with federal priorities and executive orders.

via Department of Energy (.gov)|

#ai-race #doe #energy

energy6 months ago•0 min saved

DOE Selects 11 Start-Ups for New Reactor Pilot Program

The U.S. Department of Energy has announced the initial selection of 11 advanced reactor projects to participate in President Trump's Nuclear Reactor Pilot Program, aiming to advance nuclear technology deployment.

via Department of Energy (.gov)|

#advanced-reactors #doe #energy

energy-and-technology7 months ago•1 min saved

DOE Selects Multiple Federal Sites for AI Data Center Development

The U.S. Department of Energy has selected four sites on federal lands to develop AI data centers and energy projects, aiming to lower energy costs, boost AI leadership, and enhance grid reliability through public-private partnerships, with further details and additional sites to be announced soon.

via Department of Energy (.gov)|

#ai-data-center #doe #energy-and-technology

energy7 months ago•1 min saved

Energy Department Cancels $4.9B Loan for Grain Belt Express Project

The Department of Energy has terminated its $4.9 billion loan guarantee for the Grain Belt Express project, citing financial concerns and a review of federal support for energy projects, as part of a broader effort to ensure responsible use of taxpayer dollars and focus on energy expansion initiatives.

via Department of Energy (.gov)|

#doe #energy #energy-projects

technology7 months ago•2 min saved

Small Modular Reactors: The Future or a Nuclear Mirage?

The U.S. Department of Energy is testing small, portable nuclear reactors called microreactors at Idaho National Laboratory, with plans to evaluate their efficiency and potential to provide reliable power for remote sites, data centers, and emergency situations, starting as early as spring 2026.

via Gizmodo|

#doe #dome #microreactors