Energy Department Will Devote Majority of Loans to Nuclear Power

Energy Department seeks rapid expansion of reactors amid AI-driven electricity needs and major private-sector investment The U.S. Energy Department announced that most of its lending authority will be…

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Energy Department Announces Funding for U.S. Critical Mineral Production

The funding supports pilot projects and new technology testing sites to strengthen U.S. mineral supply chains. The U.S. Department of Energy (DOE) announced $355 million in new funding…

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Energy Department Moves to Refill Strategic Petroleum Reserve

Contracts have been awarded to companies, and one million barrels of crude oil have been purchased. The Department of Energy (DOE) has awarded contracts to acquire approximately one…

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Department of Energy Approves Loan for Fertilizer Plant in Indiana

The $1.5 billion project is expected to boost domestic fertilizer supply and revitalize an idled coal-gasification site. U.S. Secretary of Energy Chris Wright announced the Department of Energy’s…

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Energy Secretary Strengthens Mid-Atlantic Power Grid Reliability

He issued an emergency order to support grid stability and minimize the risk of energy shortfall. Energy Secretary Chris Wright issued an emergency order last month under the…

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Energy Department Approves LNG Export Authorization for Louisiana Facility

DOE finalizes Venture Global CP2 LNG project approval, expanding U.S. natural gas exports The U.S. Department of Energy (DOE) has approved final authorization for the Venture Global CP2…

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DOE to Purchase 1 Million Barrels to Refill Strategic Petroleum Reserve

Initiative begins long-term plan to strengthen U.S. energy security and rebuild reserves. The U.S. Department of Energy (DOE) recently announced it will buy one million barrels of domestically…

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DOE Releases National Guideline to Promote Fusion Energy Development

New strategy outlines steps to accelerate research, innovation, and commercialization of fusion power by the mid-2030s. The U.S. Department of Energy (DOE) released its Fusion Science and Technology…

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DOE Reallocates Solar Rooftop Funding to Puerto Rico Power Grid

Redirects $365 million from the previous administration’s program to overall grid upgrades. The Department of Energy has redirected funding from a solar program under President Biden’s administration to…

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Energy Department Allocates Grant Funding for Fusion Technology Programs

Selected programs will receive from $100,000 to $500,000. The Department of Energy (DOE) announced $134 million for two fusion research programs. Of that total, $128 million has been allocated…

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