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The Trump administration announced Tuesday it would provide Constellation Energy with a $1 billion loan to restart a nuclear reactor at Three Mile Island. The energy company said last year it would reopen the reactor, which had been shuttered since 2019, after Microsoft committed to purchasing all the electricity from the 835 megawatt power plant…
The Department of Energy said Thursday that it had finalized a $1.6 billion loan guarantee to upgrade around 5,000 miles of transmission lines. The grid upgrades would ease the flow of electricity in Indiana, Michigan, Ohio, Oklahoma, and West Virginia. The project, which will address lines owned by American Electric Power, won’t add any new…
The Department of Energy is looking to cut billions more in federal funding, and many promising startups as well as automakers Ford, General Motors, and Stellantis could be affected by the Trump administration’s decision. The proposed cuts would cancel more than $500 million of contracts awarded to more than a dozen startups, according to a…
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! More than a month ago, I asked you, dear reader, how you thought EV sales would play out once the $7,500 federal tax credit expired on September…
The Department of Energy announced today that it would be clawing back $3.7 billion worth of awards made under the Biden administration for clean energy and manufacturing. Large corporations and growing startups were caught up in the decision. Energy secretary Chris Wright said the moves were “due diligence” on the part of the Trump administration….
The world’s only net-positive fusion experiment has been steadily ramping up the amount of power it produces, TechCrunch has learned. In recent attempts, the team at the U.S. Department of Energy’s National Ignition Facility (NIF) increased the yield of the experiment, first to 5.2 megajoules and then again to 8.6 megajoules, according to a source…
The Energy Department will be investing $325 million in batteries that can better store clean energy, it announced Friday. The funding will go toward 15 projects among 17 states and one tribal nation that aim to “advance energy storage technologies,” and “accelerate the development of long-duration energy storage (LDES technologies). Batteries are increasingly being used…
Five takeaways from the big COVID-19 ‘lab leak’ story The tangled story of the origins of the COVID-19 pandemic has taken a new twist. On Sunday, the Wall Street Journal revealed that the Department of Energy had shifted its position, now holding that the most likely source of the virus was a laboratory mishap, presumably…
Paul calls for declassifying documents showing that COVID came from Chinese lab Sen. Rand Paul (R-Ky.), the ranking member of the Senate Homeland Security Committee, says the Biden administration should declassify classified documents showing that scientists at the Department of Energy believe COVID-19 leaked from a lab in Wuhan, China. “Classified documents leaked (they…
“Scientists have made a breakthrough in fusion — but don’t get carried away” I’m going to go out on a limb with a year-end prediction. The old joke in the physics community is still true: Fusion is always 50 years away. That detracts nothing from the news of an awesome scientific accomplishment from the Department…