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The Latest Breaking News from Department of Energy

How do tax credits for electric cars work?

The Inflation Reduction Act expands eligibility for federal tax credits for electric vehicle owners

USAFacts

The U.S. made a breakthrough battery discovery — then gave the technology to China

Taxpayers spent $15 million on research to build a breakthrough battery. Then the U.S. government gave it to China.

WEKU

Ultium Cells To Get $2.5 Billion Loan From US Department Of Energy

This will be the Department of Energy's first loan for a battery cell manufacturing project under the Advanced Technology Vehicles Manufacturing (ATVM) program.

InsideEVs

From analysis to the latest developments in health,
read the most diverse news in one place.

Energy Department plans to loan GM battery joint venture $2.5 billion

WASHINGTON — The Department of Energy said Monday it plans to loan General Motors Co. and LG Energy Solution's joint venture $2.5 billion to build EV battery plants in Michigan, Ohio and Tennessee.

Tribune News Service

Weekly Decline In DOE/EIA Diesel Price Largest Since 2014

It's been more than seven years since the benchmark Department of Energy/Energy Information Administration average weekly retail diesel price fell as much as it did last week.

Benzinga

Affordable Housing, Less Carbon: DOE Funds Texas A&M University 3D-Printed Hempcrete Project

The Department of Energy (DOE) has awarded Texas A&M University $3.47 million to support a project to 3D print a bio-aggregate composite consisting of hemp hurd and a lime-based binder, also known as hempcrete, a material with the potential to lower the environmental impact of traditional construction and make housing…

Benzinga

New York Puts Bitcoin Mining in the Crosshairs

It’s one of many anti-cryptocurrency policies emanating from the Empire State

Reason

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Stranger Things season 4: Struggling to work out what’s going on? Read our bluffer’s guide to the Netflix show

Ahoy ladies! It’s time to head back to Hawkins, Indiana (spoilers ahead for Stranger Things series one to three)

Evening Standard

A low-income energy-efficiency program gets $3.5B boost, but leaves out many in need

The Infrastructure Investment and Jobs Act adds the funds over the next five years to help Americans save on energy their bills. But many of homes are in such poor condition they do not qualify.

WEKU

US To Spend Over $3B For Boosting EV Battery Production, Supply Chains

The U.S. Department of Energy (DOE) said on Monday it would spend more than $3 billion in infrastructure funding to fund electric vehicle (EV) battery making. What Happened: DOE will allocate the funds from the $1 trillion infrastructure bill that President Joe Biden signed last year.

Benzinga

Meet the power plant of the future: Solar + battery hybrids are poised for explosive growth

America’s electric power system is undergoing radical change as it transitions from fossil fuels to renewable energy. While the first decade of the 2000s saw huge growth in natural gas generation, and the 2010s were the decade of wind and solar, early signs suggest the innovation of the 2020s may…

The Conversation

Department Of Energy Approves $107M Loan To Tesla Graphite Supplier

Syrah Technologies plans to produce enough natural graphite-based active anode material in Louisiana for approximately 2.5 million electric vehicles by 2040.

InsideEVs

Philippines has potential for 21GW wind power by 2040: World Bank

MANILA: The Philippines has the potential to install 21 gigawatt of offshore wind power by 2040, equivalent to about a fifth of its electricity supply by then, according to a study released by the Department of Energy and the World Bank on Wednesday.

Bangkok Post

Kansas researcher to mount defense over China ties at trial

The trial of a researcher accused of illegally keeping secret work he was doing for China while employed at the University of Kansas has resumed with defense attorneys trying to cast doubt on the government’s handling of his prosecution

The Independent UK

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The Conversation

Biden bets a million barrels a day will drive down soaring gas prices – what you need to know about the Strategic Petroleum Reserve

The Biden administration on March 31, 2022, said it plans to release an unprecedented 180 million barrels of oil from the U.S. Strategic Petroleum Reserve to combat the recent spike in gas and diesel prices. About a million barrels of oil will be released every day for up to six…

Axios

How the Strategic Petroleum Reserve works

Biden's release is by far the largest SPR release in U.S. history.

Benzinga

Arcimoto, Virginia Clean Cities Launch Pilot Program To Test EVs

Arcimoto Inc (NASDAQ:FUV) has entered into a joint pilot program with Virginia Clean Cities to test the Fun Utility Vehicle, Deliverator, and Flatbed across the state. The pilot program, beginning on April 15, will test Arcimoto vehicles across the state by various state and municipal organizations. The Virginia Clean Cities program is sponsored…

Tribune News Service

US Energy Department plans $8 billion in hydrogen initiatives

WASHINGTON — The Department of Energy on Tuesday announced it is requesting information on how to spend billions of dollars in new funding for hydrogen projects approved through the bipartisan infrastructure bill.

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