$1.5 billion for new solar technologies
$2.6 billion set aside for transportation technologies
$1.7 billion reauthorization of the Weatherization Assistance Program
Energy-grid technologies get a $3.44 billion boost through $1.08 billion in support for short-term, long-term, seasonal and transportation energy storage technologies and $2.36 billion for smart utility and energy distribution technologies.
$625 million is dedicated to new research, development and commercialization for both onshore and offshore wind technologies
$850 million is being set aside for geothermal technology development
$933 million for marine energy and hydropower tech
$160 million earmarked for hydropower generator upgrades
$500 million pot for stakeholders in industries like iron, steel, aluminum, cement and chemicals as well as transportation businesses like shipping, aviation and long-distance transport that are looking to decarbonize.
$6.2 billion for carbon capture utilization and storage technologies
$6.6 billion in funding for the modernization of existing nuclear power plants and the development of advanced reactors
$4.7 billion for nascent fusion industry
The new energy bill includes a directive to the Department of the Interior to target the generation of 25 gigawatts of solar, wind and geothermal production on public lands by 2025.
Submitted December 21, 2020 at 10:35PM by millerlit https://ift.tt/2WDydJm
