DOE Cancels $3.7B in Clean Energy Projects to Cut Costs

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Source: Utility Dive
DOE Cancels $3.7B in Clean Energy Projects to Cut Costs
Photo: Utility Dive
TL;DR

The U.S. Department of Energy canceled $3.7 billion in awards for carbon capture and decarbonization projects, citing economic viability concerns and lack of advancement of American energy needs, affecting companies like Calpine, PPL, Ørsted, and Exxon Mobil.

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