Tuesday, 1 April 2025

Focus on US Dept of Energy

FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020.  REUTERS/Adrees Latif/File Photo
EconomyNewsOilPoliticsTrade

US seeks up to three million barrels of oil for emergency reserve

The U.S. seeks up to three million barrels for the Strategic Petroleum Reserve, but funding issues may limit future purchases.

FILE PHOTO: The Chrysler Airflow concept is displayed at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
EconomyElectionsElectric Vehicles (EVs)IndustryNewsPoliticsTrade

US working ‘as fast as we can’ to finalize EV conversion grants: official

The U.S. Energy Department is quickly finalizing $1.7B in grants to help GM and Stellantis convert plants for EV production.

FILE PHOTO: Residents walk by power grid towers at Bair Island State Marine Park in Redwood City, California, United States, January 26, 2022. REUTERS/Carlos Barria/File Photo
BusinessCoalElectionsElectricityIndustryInfrastructureNewsNuclear PowerPoliticsSolarStorage

US grants $428 million to clean energy projects in communities that relied on coal

Many of the projects are in states that have leaned Republican in recent elections or are battleground states. 

AnalysisCarbon ManagementEmissionsIndustryInfrastructureLegislationPoliticsRegulationsTransmission

Regulating safety for carbon removal, capture and sequestration projects in the US

U.S. lawmakers are advancing regulations for carbon capture and removal technologies, prioritizing safety and environmental protections.

FILE - Turbines operate at the Block Island Wind Farm, Dec. 7, 2023, off the coast of Block Island, R.I. (AP Photo/Julia Nikhinson, File)
BusinessElectionsElectricityNuclear PowerPoliticsSolarWind

Biden administration races to shell out billions for clean energy as election nears

Biden's admin speeds up clean energy projects, aiming to secure climate legacy before term ends amid potential Trump return.

FILE - The Google building is seen in New York, Feb. 26, 2024. (AP Photo/Seth Wenig, File)
ElectricityInfrastructureNewsSolarTransmissionUtilities

One of the largest solar projects in the US opens in Texas, backed by Google

Google's Ben Sloss announced the $16 billion investment in clean energy, emphasizing the need for renewable power alongside operations.

FILE PHOTO: A plane is seen during take off in New Jersey behind the Statue of Liberty in New York's Harbor as seen from the Brooklyn borough of New York February 20, 2016. REUTERS/Brendan McDermid/File Photo
AviationBiofuelsBusinessFuelNewsSustainable Aviation Fuel

US offers conditional loan guarantees worth about $3 billion for two sustainable aviation fuel projects

The U.S. expects domestic production of biofuels to increase by about 50 per cent in 2024, led by rising SAF production.

News ReleaseBiofuelsNewsSustainable Aviation Fuel

Gevo Secures Conditional Commitment from U.S. Department of Energy Loan Programs Office for its Net-Zero 1 Sustainable Aviation Fuel Plant in South Dakota

This conditional commitment signals the strength of the project to finance the world’s first large-scale net-zero-emissions alcohol-to-jet production facility ENGLEWOOD, Colo., Oct. 16,...

FILE PHOTO: U.S. Secretary of Energy Jennifer Granholm speaks during an interview with Reuters in Washington, D.C., U.S.,  June 4, 2024. REUTERS/Leah Douglas/File Photo
BusinessElectricityIndustryInfrastructureNewsNuclear PowerSmall Modular Reactors

US opens applications for $900 million for small nuclear reactors

The U.S. opened applications for $900M in funding to deploy small modular nuclear reactors, aimed at boosting clean energy.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. .  REUTERS/Rebecca Cook/File Photo
BusinessConstructionCritical MineralsElectric Vehicles (EVs)MiningNews

General Motors to contribute $625 million to Lithium Americas for new joint venture

Lithium Americas announced GM will invest $625 million in their Thacker Pass joint venture in Nevada.

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