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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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The US Department of Energy (DOE) is awarding a combined $2.8 billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Earlier post.) Of that, $1.6

Parts 459
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Mitsubishi Power & Texas Brine partner on large-scale salt cavern storage for hydrogen to support decarbonization efforts in the eastern US

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Long-duration hydrogen storage is a key enabling technology for the transition to a net zero carbon energy future. Texas Brine gas storage cavern wellhead. This collaboration expands Mitsubishi Power’s capability to store hydrogen safely and cost effectively in salt caverns in strategic locations across North America.

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DOE offers $2B conditional commitment for first advanced fossil energy loan guarantee

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The US Department of Energy (DOE) offered a conditional commitment to guarantee loans of up to $2 billion to Lake Charles Methanol, LLC to construct the world’s first methanol production facility to employ carbon capture technology in Lake Charles, Louisiana. million metric tons of carbon dioxide annually.

Energy 150
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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Both synthetic and natural graphite compete for use in lithium-ion battery anodes, along with an increasing amount of needle coke and other existing carbon materials. Almost all stages of the lithium-ion battery manufacturing chain are focussed on China and China is by far the largest and most rapidly growing market for lithium-ion batteries.

Price 207
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DOE awarding $33M for carbon-neutral hybrid electric aviation

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The US Department of Energy announced $33 million in funding for 17 projects as part of the Advanced Research Projects Agency-Energy’s (ARPA-E) Aviation-class Synergistically Cooled Electric-motors with iNtegrated Drives (ASCEND) and Range Extenders for Electric Aviation with Low Carbon and High Efficiency (REEACH) programs.

Carbon 218
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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

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The US Department of Energy (DOE) announced more than $30 million in federal funding, matched by more than $35 million in private sector funds, for 68 projects that will accelerate the commercialization of promising energy technologies—ranging from clean energy and advanced manufacturing, to building efficiency and next-generation materials.