Energy Department pulls support for FutureGen

subscribe

The Energy Department, frustrated by ballooning costs of an ambitious quest to build a virtually emissions-free power plant, told federal lawmakers it plans to pull its support for a $1.8 billion project developers want to build in Illinois, lawmakers said.

The Department of Energy would not publicly divulge its intentions about FutureGen or discuss what was said during the private meeting with lawmakers, saying only that it planned an announcement within days.

Related News

power tower

California Considers Revamping Electricity Rates in Bid to Clean the Grid

LOS ANGELES - California is contemplating a significant overhaul to its electricity rate structure, a move that has ignited debate among environmentalists and politicians alike. The proposed modifications, spearheaded by the California Energy Commission (CEC), would introduce a fixed fee on electric bills and lower the rate per kilowatt-hour (kWh) used.

 

Motivations for the Change

Proponents of the plan argue that it would incentivize Californians to transition to electric appliances and vehicles, a critical aspect of the state's ambitious climate goals. They reason that a lower per-unit cost would make electricity a more attractive option for applications like home…

READ MORE
wind power

Europe's stunted hydro & nuclear output may hobble recovery drive

READ MORE

ontario covid support

Ontario pitches support for electric bills

READ MORE

hydro one building

Hydro One reports $1.1B Q2 profit boosted by one-time gain due to court ruling

READ MORE

electric car

Gas-electric hybrid vehicles get a boost in the US from Ford, others

READ MORE