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NREL study suggests cost gap for Western renewables could narrow by 2025

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A new Energy Department study conducted by the National Renewable Energy Laboratory (NREL) indicates that by 2025 wind and solar power electricity generation could become cost-competitive without federal subsidies, if new renewable energy development occurs in the most productive locations. mmBtu and $8.43/mmBtu. mmBtu and $8.43/mmBtu.

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HollyFrontier to build $350M renewable diesel unit at Artesia refinery; 125M gallons/year

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HollyFrontier Corporation, an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products, plans to construct a new renewable diesel unit (RDU) at its Artesia, New Mexico refinery (Navajo Refinery).

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DOE announces 15 Phase 1 semifinalists of Geothermal Lithium Extraction Prize

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As domestic demand increases rapidly, there is an urgent need to develop safe, secure, domestic, and cost-competitive sources of lithium. The Phase 1 semifinalists identified an impactful idea or solution to drive down costs of lithium extraction and, ultimately, help develop environmentally friendly, domestic sources of lithium.

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DOE awarding more than $50M to 15 projects to advance critical material innovations

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Projects selected under this funding opportunity announcement will reduce both the costs of critical materials and the environmental impacts of production. DOE funding: $5,577,738; cost share: $5,925,475; Total costs: $11,503,213. DOE funding: $2,272,112; costs share: $2,272,112; Total costs: $4,544,224.

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Profiteering Hampers U.S. Grid Expansion

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The deficit is driving up electricity prices, reducing grid reliability, and hobbling renewable energy deployment. The goal is to keep the lights on at a low cost by utilizing an efficient mix of power plants. The cost of the project, estimated at US $1.9 The cost of the project, estimated at US $1.9

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DOE to leverage fossil energy expertise to develop and explore geothermal energy resources

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The overall focus is to reduce the upfront costs of geothermal development as well as improve its effectiveness. This hybridization combines traditional fossil energy operations with emerging renewable technologies to evaluate low temperature geothermal power production from oil fields.

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USDA Report Provides Regional Roadmap To Meeting the Biofuels Goals of the Renewable Fuels Standard by 2022; Southeast to Provide ~50% of Advanced Biofuels

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The US Department of Agriculture (USDA) released a report outlining both the current state of renewable transportation fuels efforts in the US and a plan to develop regional strategies to increase the production, marketing and distribution of biofuels. Arizona, California, Colorado, New Mexico, Nevada, Utah, Wyoming. billion gallons.

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