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NREL study suggests cost gap for Western renewables could narrow by 2025

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A new Energy Department study conducted by the National Renewable Energy Laboratory (NREL) indicates that by 2025 wind and solar power electricity generation could become cost-competitive without federal subsidies, if new renewable energy development occurs in the most productive locations. mmBtu and $8.43/mmBtu.

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DOE awarding more than $50M to 15 projects to advance critical material innovations

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Projects selected under this funding opportunity announcement will reduce both the costs of critical materials and the environmental impacts of production. Technology Holding LLC; Next Generation Separation Method for Rare Earths Partners: Massachusetts Institute of Technology DOE share: $499,673; Cost share: $124,999; Total costs: $624,672.

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DOE to leverage fossil energy expertise to develop and explore geothermal energy resources

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The US Department of Energy (DOE) plans to leverage oil and gas expertise to test the reliability and efficiency of geothermal power generation at oil and gas fields. The overall focus is to reduce the upfront costs of geothermal development as well as improve its effectiveness. million homes a year from these resources by 2020.

Energy 210
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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. This work will focus on designing a carbon capture system capable of capturing 50 to 70 percent of CO 2 emissions from blast furnace gas. LH CO 2 MENT Colorado Project.

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USDA Report Provides Regional Roadmap To Meeting the Biofuels Goals of the Renewable Fuels Standard by 2022; Southeast to Provide ~50% of Advanced Biofuels

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The US Department of Agriculture (USDA) released a report outlining both the current state of renewable transportation fuels efforts in the US and a plan to develop regional strategies to increase the production, marketing and distribution of biofuels. Arizona, California, Colorado, New Mexico, Nevada, Utah, Wyoming. billion gallons.

Renewable 210
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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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The report comes as oil majors like ExxonMobil, Chevron and Shell, and other companies, are developing at least a couple dozen oil shale and CTL projects, including 12 CTL facilities projected to produce 170 million barrels of liquid fuels per year at a cost of $2 billion to $7 billion per plant. Earlier post.).

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DOE awards $34M to 19 projects to advance clean hydrogen

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plans to develop a novel membrane system from Osmoses’ proprietary polymer composition that can produce enriched oxygen from air for integration into modular gasification systems for low-cost hydrogen production.

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