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Top related persons:
Timothy Gardner - 2 Shah - 1 Rami Ayyub - 1 EOS - 1 AMAZE - 1 Marguerita Choy - 1
Top related locs:
Avila Beach , California U.S Houston LPO Turtle Creek , Pennsylvania
Top related orgs:
Office - 2 U.S . Department of Energy - 2 Thomson - 2 US Energy Corp - 1 WASHINGTON - 1 Hydrogen - 1 America - 1 EOS Energy Enterprises - 1

Search resuls for: "LPO"


3 mentions found


☆ Nuclear-hydrogen 'marriage' has potential, US energy loans chief says
  + stars: | 2023-09-28 | by ( Timothy Gardner | Thomson Reuters | Timothy Reports On Energy | ) www.reuters.com   time to read: +3 min
A flock of goats gather under a set of power lines above Diablo Canyon nuclear power plant at Avila Beach, California. A flock of goats gather under a set of power lines above Diablo Canyon nuclear power plant at Avila Beach, California June 22, 2005. In addition, there are about $5 billion to $8 billion in hydrogen projects in the pipeline at LPO, he added. Critics of nuclear power say that it is too expensive to make a big difference on climate and that even so-called advanced nuclear power projects could create toxic waste that has to be dealt with. Shah did not specify what kind of projects joining nuclear and hydrogen LPO might consider.
Persons: Shah, Timothy Gardner, Rami Ayyub Organizations: US Energy Corp, WASHINGTON, Office, U.S . Department of Energy, Reuters, Hydrogen, America, Thomson Locations: Avila Beach , California, U.S, Houston, LPO
☆ Energy storage firm EOS nabs conditional loan guarantee of up to $400 million
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +1 min
WASHINGTON, Aug 31 (Reuters) - Long-term energy storage company EOS Energy Enterprises (EOSE.O) has received a conditional commitment for an up-to $400 million loan guarantee from the federal government, an office of the U.S. Department of Energy said on Thursday. The loan guarantee is for construction of four manufacturing lines to produce next-generation utility and industrial scalezinc bromine battery energy storage systems in Turtle Creek, Pennsylvania, the Loan Programs Office said. EOS said the total cost of the project, called AMAZE, will be $500 million. AMAZE is expected to create up to 50 union contractor construction jobs and as many as 650 new operations jobs when at full capacity, it said. Reporting by Timothy Gardner Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.
Persons: EOS, AMAZE, Timothy Gardner, Marguerita Choy Organizations: EOS Energy Enterprises, U.S . Department of Energy, Office, Thomson Locations: Turtle Creek , Pennsylvania
☆ CERAWEEK Energy Dept loan office says some applicants need 'mentorship'
  + stars: | 2023-03-07 | by ( Ernest Scheyder Richard Valdmanis | Ernest Scheyder | Richard Valdmanis | ) www.reuters.com   time to read: +3 min
For 100 of those applicants, the Energy Department has hired staff to provide business development advice and "intense mentorship," Jigar Shah, head of the Energy Department's Loan Programs Office, told Reuters on the sidelines of the CERAWeek energy conference in Houston. Given the rapidly evolving technologies in the clean energy space, Shah said the department might shorten loan terms. If we think that that's a risk, then we just change the terms of the loan," Shah said. The LPO office would like more applications from electric utilities and oil and gas companies for projects designed to reduce emissions, as well as geothermal companies, Shah said. Commercial debt markets are "less interested in the more innovative approaches that (wind companies) are taking.
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