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DOE to award up to $100M for future coal plants in Coal FIRST initiative

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The US Department of Energy (DOE) intends to provide up to $100 million in awards ( DE-FOA-0002116 ) for the Coal FIRST (Flexible, Innovative, Resilient, Small, and Transformative) initiative (announced in November 2018), which aims to develop coal plants of the future that will provide secure, stable, reliable power with near-zero emissions.

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High cost of coal and natural gas could make EVs, US grid cleaner this summer

Green Car Reports

Anticipated price hikes for coal and natural gas could lead to increase use of renewable energy in electricity generation, making both the grid and EVs cleaner, according to new United States Energy Information Administration (EIA) analysis.

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DOE awards $56.5M to 32 coal technology projects

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The US Department of Energy (DOE) is awarding $56.5 million in federal funding to 32 cost-shared research and development (R&D) projects for advanced coal technologies and research under six separate funding opportunity announcements (FOAs). million under DE-FOA-0001996, Advancing Steam Turbines for Coal Boilers.

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Gas prices due to drop in 2024, as EVs plug into cleaner energy

Green Car Reports

The cost of gasoline and the carbon footprint of EVs could both fall in the new year. Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024.

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DOE awarding $6.5M to 9 large-scale Phase I pilot coal projects

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) and the National Energy Technology Laboratory (NETL) have selected nine projects to receive approximately $6.5 DOE has supported a range of potentially transformational coal technologies aimed at enabling step-change improvements in coal-powered systems.

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EIA expects significant increases in US wholesale electricity prices this summer

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The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. Data source: US Energy Information Administration, Short-Term Energy Outlook , June 2022.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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