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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

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billion in loan guarantees for the construction and operation of two new nuclear reactors at a plant in Burke, Georgia. But energy leaders and experts recognize that as long as producing carbon pollution carries no cost, traditional plants that use fossil fuels will be more cost-effective than plants that use nuclear fuel.

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Made from widely available domestic feedstocks and advanced refining technologies, energy-dense biofuels provide a pathway for low-carbon fuels that can lower greenhouse gas emissions throughout the transportation sector and accelerate the bioeconomy. per GGE, with lifecycle emissions reductions exceeding 80% over petroleum.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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Georgia Power. Southern Company: Georgia Power. A multi-partner team, led by PNNL as part of the Battery500 research consortium, will receive an award of up to $10 million per year for five years to drive progress on DOE’s goal of reducing the cost of vehicle battery technologies. Dayton Power & Light Company. Duke Energy.

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

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The funding is for the incremental cost of a battery electric bus over a CNG bus and leverages federal, state, local utilities and local match to purchase the battery electric buses for service expansion. Georgia Department of Transportation. million pounds of carbon emissions during the useful life of the buses. 1,000,000.

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DOE selects 16 projects for funding to develop post-combustion carbon capture technologies

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The US Department of Energy has selected 16 projects for almost $29 million in funding to develop advanced post-combustion technologies for capturing carbon dioxide from coal–fired power plants. Carbon Capture Scientific. Georgia Tech Research Corp. Awardee Project description. DOE share: $1,999,693; recipient share: $500,000.

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