Thursday, March 19, 2020 3:03:14 AM
The US Department of Energy (DOE) has committed $64m in federal funding for the cost-shared research and development (R&D) of smaller, more efficient, and cleaner coal-fired power plants, says GlobalData, a leading data and analytics company. The additional funding is part of DOE’s Coal Flexible, Innovative, Resilient, Small, and Transformative (FIRST) initiative kicked off in 2019, which aims to develop coal-fired power plants of the future that will provide secure, stable, reliable power with near-zero emissions. The coal funding is, however, lower than the $125.5m DOE announced for solar research.
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