Tag Archives: Jigar Shaw

Biden invokes Defense Production Act to bolster domestic battery manufacturing for EVs, energy storage

By Ethan Howland, Senior Editor, Utility Dive

 

“We need to embrace all the tools and technologies that can help free us from our dependence on fossil fuels and move us toward more homegrown clean energy technologies made by American companies and American workers,” Biden said during a press briefing Thursday. “We need to end our long-term reliance on China and other countries for inputs that will power the future.” Read more here.

 

ADDITIONAL RECOMMENDED READING

DEPARTMENT OF ENERGY NEWS 

DOE Releases New Study Confirming Strong Performance of Energy Efficiency Loans

 

“Energy efficiency is the lowest cost clean energy resource we have,” said U.S. Secretary of Energy Jennifer Granholm. “The findings in this study are a compelling invitation to financial institutions to invest with homeowners, states, and local governments to maximize clean energy deployment under the Bipartisan Infrastructure Law and beyond.

 

NEW GENERAL SERVICES ADMINISTRATION CARBON STANDARDS 

GSA to impose first national carbon standard for concrete, E&E News, Climatewire
The procurement arm of the federal government is imposing new limitations on high carbon-emitting building materials for all its major projects, a move that will affect billions of dollars of federal infrastructure investments. The new General Services Administration standards — to be released this morning — will require that federal contractors use climate-friendly concrete and asphalt in all the agency’s major projects. GSA oversees $75 billion in annual contracts, and the agency’s real estate portfolio comprises more than 370 million square feet.

VALMONT INDUSTRIES NEWS RELEASE

Valmont SM Secures Minimum USD $209.0 Million Multi-Year Order with Siemens Gamesa for Production of Rotor Houses for the European Offshore Wind Industry

OMAHA, Neb.–(BUSINESS WIRE)– Valmont® Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that Valmont® SM has entered into a supply agreement with Siemens Gamesa Renewable Energy (SGRE) to provide components for the next generation of rotor houses for the offshore wind market. The order is the largest single order in Valmont SM’s history.

Biden Revives ‘Clean Energy’ Program With $1B Loan Guarantee

By Matthew Daly, Associated Press
U.S. News & World Report

The Energy Department said it would guarantee up to $1 billion in loans to help a Nebraska company scale up production of “clean” hydrogen to convert natural gas into commercial products used in manufacturing and agriculture.

The revived loan program is part of President Joe Biden’s efforts to slash planet-warming greenhouse gas emissions in half by 2030, amid legislative gridlock that has stalled a $2 trillion package of social and environmental initiatives. It’s among the tools he can use without new legislation. Read more here.

Research paper Daly references in the article, published by Energy Science & Engineering:
How green is blue hydrogen?,
by Robert W. Howarth and Mark Z. Jacobson


Loan Programs Office (LPO)
LPO has more than $40 billion in loans and loan guarantees available to help deploy large-scale energy infrastructure projects in the United States. Over the past decade, LPO has closed more than $30 billion of deals across a variety of energy sectors.


Previously Posted

DEPARTMENT OF ENERGY’S HYDROGEN SHOT

The Department of Energy’s first Energy Earthshot, launched June 7, 2021—Hydrogen Shot—seeks to reduce the cost of clean hydrogen by 80% to $1 per 1 kilogram in 1 decade.

The Hydrogen Shot establishes a framework and foundation for clean hydrogen deployment in the American Jobs Plan, which includes support for demonstration projects. Industries are beginning to implement clean hydrogen to reduce emissions, yet many hurdles remain to deploying it at scale.

Achieving the Hydrogen Shot’s 80% cost reduction goal can unlock new markets for hydrogen, including steel manufacturing, clean ammonia, energy storage, and heavy-duty trucks. This would create more clean energy jobs, reduce greenhouse gas emissions, and position America to compete in the clean energy market on a global scale. These efforts would ensure that environmental protection and benefits for local communities are a priority.

GREEN HYDROGEN NEWS

Here’s why one solar industry veteran is betting big on clean hydrogen, CNBC


Raffi Garabedian
 spent a dozen years developing solar panel technology at First Solar, a photovoltaics company that currently has a market value around $8 billion. The technologist then went on to co-found clean hydrogen start-up Electric Hydrogen, which he’s currently building out as its CEO.

Open For Business: LPO Issues New Conditional Commitment for Loan Guarantee

By Jigar Shaw, Director of DOE’s Loan Programs Office

The improved U.S. Department of Energy (DOE) Loan Programs Office (LPO) is open for business and ready to build on the Bipartisan Infrastructure Law’s support for the deployment of clean energy.  

LPO has made substantial changes to improve the program that has now attracted more than 66 loan and loan guarantee applications, valued at more than $53 billion in clean energy and advanced vehicle technology projects. The recently-enacted Bipartisan Infrastructure Law expanded LPO’s loan authority and broadened the pool of eligible borrowers for the program.  Continue reading here.

Image: A depiction of Monolith Nebraska LLC’s hydrogen facility in Hallam, Nebraska
Credit: Monolith

MORE ON MONOLITH MATERIALS

“As the leader in wind and solar energy, and as an investor in Monolith, NextEra Energy Resources is encouraged by the U.S. Department of Energy’s conditional approval of Monolith’s loan application,” said John Ketchum, president and chief executive officer, NextEra Energy Resources. “Monolith’s clean hydrogen production process is powered by locally-produced renewable electricity and represents a significant advancement to support cost-effective decarbonization of multiple sectors of the U.S. economy.”

Spokespeople from Monolith told E&E News that its pyrolysis process could reduce carbon emissions to about 0.45 kilogram, for every 1 kilogram of hydrogen — assuming it was all powered by 100 percent renewable electricity. That’s within the definition for “clean” hydrogen established by the bipartisan infrastructure law, which sets a 2-kilogram CO2 limit. Monolith did not provide an estimate, however, of how much nitrogen oxides and other local pollutants would be emitted through its hydrogen and carbon black production. Carbon black companies have long been major emitters of NOx, sulfur oxides and particulate matter. DOE told E&E News that NOx and other emissions from Monolith’s existing facility in Nebraska would be regulated by the state and county, as the plant was not considered a major source of hazardous emissions under the Clean Air Act.

A total of 28 different companies provided responses for a mix of wind, solar, storage and clean energy products. This included 21 wind projects totaling nearly 4,000 megawatts, 33 projects for solar amounting to approximately 5,800 megawatts, and electric storage projects amounting to 2,200 megawatts.The majority of proposals provided locations within Nebraska.

DEPARTMENT OF ENERGY’S HYDROGEN SHOT

The first Energy Earthshot, launched June 7, 2021—Hydrogen Shot—seeks to reduce the
cost of clean hydrogen by 80% to $1 per 1 kilogram in 1 decade (“1 1 1”).

The Hydrogen Shot establishes a framework and foundation for clean hydrogen deployment in the American Jobs Plan, which includes support for demonstration projects. Industries are beginning to implement clean hydrogen to reduce emissions, yet many hurdles remain to deploying it at scale.

Achieving the Hydrogen Shot’s 80% cost reduction goal can unlock new markets for hydrogen, including steel manufacturing, clean ammonia, energy storage, and heavy-duty trucks. This would create more clean energy jobs, reduce greenhouse gas emissions, and position America to compete in the clean energy market on a global scale. These efforts would ensure that environmental protection and benefits for local communities are a priority.