Agency hopes to spur private capital investment in carbon capture and storage projects to help reduce harmful emissions, with funds authoried by the 2021 federal infrastructure law.
GAO analysis says 11 large-scale projects at coal-fired power plants and industrial sites were funded; department counters that a new clean energy demo program beefed up with with infrastructure act funds will fix cost management.
Fluor-led team gains performance-based award to manage construction and operations at DOE Oak Ridge, Tenn. and Texas-based Pantex complexes valued at up to $2.8B annually for a possible 10 years.
The road to innovation can be a long and winding one, but it might be hard to rival the path followed by the Ocean Renewable Power Co., of Portland, Maine, and its RivGen submersible electric power generating system, which is designed for installation on riverbeds and is based upon the company’s tide-driven units for maritime locations.