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DOE Terminates 24 Clean Energy Projects

U. S. Secretary of Energy Chris Wright announced the termination of 24 awards issued by the Office of Clean Energy Demonstrations (OCED) totaling over $3.7 billion in taxpayer-funded financial assistance. After a thorough and individualized financial review of each award, DOE found that these projects failed to advance the energy needs of the American people, were not economically viable, and would not generate a positive return on investment of taxpayer dollars. Of the 24 awards cancelled, nearly 70% (16 of the 24 projects) were signed between Election Day and January 20thDOE Terminates 24 Clean Energy Projects – electrifiED

Trump Return Likely to Slow, Not Stop, US Clean-Energy Boom

Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday’s presidential election is unlikely to dramatically slow the U.S. renewable energy boom. Renewable energy sources such as solar and wind are the fastest-growing segments on the power grid, according to the Department of Energy, driven by federal tax credits, state renewable-energy mandates, and technology advancements that have lowered their costs. Trump return likely to slow, not stop, US clean-energy boom | Reuters

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