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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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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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What is energy storage?

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Growing demand for renewable energy, an aging electrical grid, costly grid infrastructure improvements, and increasing extreme weather events will require increased energy flexibility to help the grid balance intermittent supply with responsive demand.

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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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Siemens Energy, FFI and GeoPura developing prototype ammonia cracker to produce hydrogen

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A Siemens Energy-led consortium has begun work in Newcastle, UK on a new £3.5 million) ammonia cracker prototype designed to produce green hydrogen at industrial scale. The prototype will use ammonia to deliver 200kg of hydrogen a day—enough to power around 5-10 hydrogen fuel cell-electric buses.

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DOE reports say cumulative investment in hydrogen, nuclear and long-duration energy storage must increase to $300B by 2030

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The US Department of Energy (DOE) has released a set of reports— Pathways to Commercial Liftoff —that provide guidance for bringing advanced nuclear, clean hydrogen and long-duration energy storage into the commercial mainstream. An investment gap of $85–215 billion remains through 2030.

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Intermountain Power Agency orders MHPS JAC Gas Turbine technology for renewable-hydrogen energy hub, operated by LA DWP

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The Intermountain Power Agency (IPA) has awarded Mitsubishi Hitachi Power Systems (MHPS) a contract for two M501JAC power trains for the Intermountain Power Plant (IPP) in Delta, Utah. The renewed generation facility will be owned by IPA and operated by the Los Angeles Department of Water and Power (LADWP).