In 2017, DOE announced nearly $67 million in grants awarded towards advanced nuclear energy research. Congressional appropriations for fiscal year 2019 approved $1.33 billion in funding for DOE’s nuclear energy research.
Including a collective $5.7M award to Battery500, $19M in awards for twelve new cost-shared research projects focused on batteries and vehicle electrification technologies, and $59 million for 43 projects for advanced vehicle technologies research.
Provides direct loans to automotive or component manufacturers for reequipping, expanding, or establishing manufacturing facilities in the U.S. that produce fuel-efficient advanced technology vehicles or qualifying components.
The DOE’s SunShot Initiative was launched in 2011 with the goal of reducing the cost of solar energy 75% by 2020, which target was met three years early. The program has set a 2030 goal to halve that target again.