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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

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The US Department of Energy (DOE) closed on a $504.4-million million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014.

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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel.

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DOE awards $2.4M to 3 projects for next-generation grid energy storage

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The US Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) recently awarded $2.4 million in funding for three projects to advance novel thermal and hydrogen energy storage technologies toward increased duration, reliability and affordability.

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GlobalData: hydrogen to become game changer as large-scale source of cleaner power

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In the short- to medium-term, hydrogen technology could be used to replace compressed natural gas (CNG) in some areas with minor changes to the existing infrastructure, according to GlobalData, a leading data and analytics company. Currently, in the power industry, hydrogen accounts for less than 0.2%

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DOE to invest up to $100M in two new consortia to advance hydrogen and fuel cell R&D

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The US Department of Energy (DOE) intends to invest up to $100 million over five years in two new DOE National Laboratory-led consortia to advance hydrogen and fuel cell technologies research and development (R&D). These electrolyzers are powered by various energy sources, including natural gas, nuclear, and renewables.

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Manganese hydride molecular sieve for practical hydrogen storage could cost roughly 5x less than 700 bar tanks

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The team projects that reasonable estimates for production costs and loss of performance due to system implementation result in total energy storage costs roughly 5 times cheaper than those for 700 bar tanks, potentially opening doors for increased adoption of hydrogen as an energy vector. Skipper et al.

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DOE announces up to $64M to advance H2@Scale in new markets

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The US Department of Energy announced up to $64 million in funding ( DE-FOA-0002229 ) to advance innovations that will build new markets for the H2@Scale initiative ( earlier post ). Hydrogen and fuel cells represent an industry with the potential to enable resiliency, energy security, emission reductions, and economic growth across sectors.

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