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Data centers’ voracious appetite for electricity could spike more than threefold over the next four years, rising from 4.4% of U.S. power demand in 2023 to as high as 12% in 2028, according to the Lawrence Berkeley National Laboratory.
DOE’s Loan Programs Office announced billions of dollars in loans for two joint ventures of car and electronics manufacturers aimed at building out a domestic battery supply chain and accelerate the rollout of new electric vehicles.
As he prepares to leave office, President Joe Biden has submitted a new U.S. emissions-reduction target to the U.N., committing the country to cutting its greenhouse gas emissions economywide by 61 to 66% below 2005 levels by 2035.
The Department of Energy slashed the list of 10 potential National Interest Electric Transmission Corridors it released in May to just three narrower corridors in the third phase of its designation process.
EVgo CEO Badar Khan said expanding the availability of fast chargers is “a key ingredient to the long-term competitiveness and sustainability of the U.S. automotive industry."
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