December 24, 2024

Department of Energy

Lawrence Berkeley National Laboratory
Berkeley Lab: Data Centers Could Need 12% of US Power by 2028
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. 
BlueOval SK
LPO Finalizes Major Loans to Ford, Stellantis for EV Battery Plants
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.
Cheniere
DOE Warns About Further Increase of US LNG Exports
A DOE study found that increasing exports of LNG would create economic risks and cause environmental damage.
PG&E
DOE Offers $15B Loan to PG&E to Support Reliability Goals
The U.S. Department of Energy’s Loan Programs Office announced a $15 billion conditional loan commitment to Pacific Gas & Electric to improve the California-based utility’s energy infrastructure and support clean energy initiatives.
DOE
DOE Cuts NIETC List from 10 to 3 High-priority Transmission Corridors
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
LPO Announces $1.25B Loan to Help EVgo Install 7,500 Fast Chargers
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."
© RTO Insider LLC 
Jigar Shah: ‘Loan Programs Office is Government Doing its Job Well’
The LPO still has close to $400 billion in unspent loan authority, and Shah said it is providing essential financing to “the most exciting entrepreneurs and innovators that America has to offer."
DOE
Granholm: ‘It Would be Political Malpractice to Undo’ IRA Incentives
Clean industry executives and experts at DOE's Deploy 2024 conference were surprisingly optimistic about continuing market growth linked to the boom in energy demand from data centers, AI and electrification.
DOE
DOE Environmental Justice Pilot Paves Way for Implementation
A pilot effort in 24 communities nationwide yielded important insight for environmental justice initiatives, the U.S. Department of Energy said.
© RTO Insider LLC
Podesta: Economics of Clean Energy ‘Have Simply Taken Over’
DOE has committed more than $95 billion in grants and loans, with more going out the door each day.

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