U.S. DoE Awards More Than $6B for Industrial Transformation
The U.S. Department of Energy (DOE) announced $6 billion in awards to 33 projects across more than 20 states through its Office of Clean Energy Demonstrations’ Industrial Demonstrations Program (IDP). This funding—made possible by initiatives championed by President Biden and Democrats in Congress and passed into law—will help strengthen local economies across the nation and create and sustain tens of thousands of good-paying, high-quality jobs—particularly those that support worker organizing and collective bargaining. The award recipients were required to meet a robust set of criteria to ensure local communities and workers benefit from the proposed projects. Each project was required to submit a community benefits plan and nearly 80% of the projects are located in a disadvantaged community. The projects are projected to reduce carbon emissions by an average of 77%.
Some examples of companies that have secured awards are: