22 Apr '11, 9am

$130 Million in Federal Funding Available for New Energy Projects

Overlapping the Department of Energy’s SunShot initiative, the Solar Agile Delivery of Electrical Power Technology area focuses on utility-scale solar power plants that could produce electricity at about six cents per kilowatt hour. Not only would that compete with fossil fuels across the board, it would easily beat them in high-cost areas of the U.S. that also rely on nuclear power generation. It seems that when the Obama administration talks about transformational energy, nuclear power is just as old hat as coal, oil, and natural gas. More to the point, a national grid that provides clean, low cost energy across the U.S. would enable businesses to pull energy costs out of the mix when deciding on the most efficient region in which to locate.

Full article: http://www.triplepundit.com/2011/04/130-million-federal-f...

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