article thumbnail

Obama Administration Announces $8.33B in Loan Guarantees for New Nuclear Power Reactors in Georgia; First New US Nuclear Power Plant Project in Nearly 3 Decades

Green Car Congress

billion in loan guarantees for the construction and operation of two new nuclear reactors at a plant in Burke, Georgia. The AP1000 is a 1,117 to 1,154 MWe pressurized water reactor (PWR) nuclear power plant that is an extension of the older AP600 design. (It It is considered a Generation III Advanced Light Water Reactor.)

Georgia 231
article thumbnail

DOE awarding >$24M to 77 projects through Technology Commercialization Fund

Green Car Congress

The TCF was created by the Energy Policy Act of 2005 to promote promising energy technologies. Low Cost Roll-to-Roll Manufacturing of Reusable Sorbents for Energy and Water Industries, $150,000 Qualification of SAS4A/SASSYS-1 for Sodium-Cooled Fast Reactor Authorization and Licensing, $674,484 Advanced Reactor Concepts LLC, Chevy Chase, Md.

article thumbnail

Alabama Project Testing Potential for Combining CO2 Storage with Enhanced Methane Recovery

Green Car Congress

Earlier, an existing coalbed methane well operated by El Paso Exploration & Production had been converted for CO 2 injection, and four wells drilled to monitor reservoir pressure, gas composition, water quality, and the CO 2 plume. The partnerships include more than 350 organizations, spanning 43 states, and four Canadian provinces.

Alabama 186
article thumbnail

Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. How the IRA will help tackle climate change. carbon sequestration (capture and storage, i.e.).