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Technology

We’re Gonna Need a Better Weather Model
Climate

AM Briefing: A Forecasting Crisis

On climate chaos, DOE updates, and Walmart’s emissions

Technology

The World’s First Commercial Fusion Plant Will Be in Virginia

Commonwealth Fusion Systems will build it in collaboration with Dominion Energy Virginia.

Yellow
Electric Vehicles

Why Not Put Solar Panels on EVs?

It’s tough to generate enough power to make them worth it, but two new companies are trying.

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Google and Exxon logos.

It’s Been a Big 24 Hours for AI Energy Announcements

We’re powering data centers every which way these days.

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A Chinese EV billboard.

Shift Key Classic: How China Created an EV Juggernaut

Revisiting a favorite episode with guest Ilaria Mazzocco.

Sparks

The Mad Dash to Lock Down Biden’s Final Climate Dollars

Companies are racing to finish the paperwork on their Department of Energy loans.

A clock and money.
<p>Heatmap Illustration/Getty Images</p>

Of the over $13 billion in loans and loan guarantees that the Energy Department’s Loan Programs Office has made under Biden, nearly a third of that funding has been doled out in the month since the presidential election. And of the $41 billion in conditional commitments — agreements to provide a loan once the borrower satisfies certain preconditions — that proportion rises to nearly half. That includes some of the largest funding announcements in the office’s history: more than $7.5 billion to StarPlus Energy for battery manufacturing, $4.9 billion to Grain Belt Express for a transmission project, and nearly $6.6 billion to the electric vehicle company Rivian to support its new manufacturing facility in Georgia.

The acceleration represents a clear push by the outgoing Biden administration to get money out the door before President-elect Donald Trump, who has threatened to hollow out much of the Department of Energy, takes office. Still, there’s a good chance these recent conditional commitments won’t become final before the new administration takes office, as that process involves checking a series of nontrivial boxes that include performing due diligence, addressing or mitigating various project risks, and negotiating financing terms. And if the deals aren’t finalized before Trump takes office, they’re at risk of being paused or cancelled altogether, something the DOE considers unwise, to put it lightly.

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Technology

AM Briefing: Calling All Nuclear Developers

On powering data centers, China exports, and surprising pollinators

Meta Puts Out the Call for Nuclear Energy Developers
<p>Heatmap Illustration/Getty Images</p>

Current conditions: Monsoon rains caused severe flooding in Thailand and Malaysia that left more than 30 people dead • In Germany, a recent wind lull known as a “Dunkelflaute” has led to a drop in wind power and a rise in gas-fired electricity production • It is chilly and cloudy in Paris, where French lawmakers will vote today on whether to topple the government.

THE TOP FIVE

1. Meta seeks developers for nuclear energy scale-up

Facebook parent Meta put out a call yesterday for nuclear energy developers who can add 1-4 gigawatts of new nuclear generation capacity by the early 2030s to power the tech giant’s data centers. “Advancing the technologies that will build the future of human connection — including the next wave of AI innovation — requires electric grids to expand and embrace new sources of reliable, clean and renewable energy,” the company said in its announcement. Interested developers are asked to basically write a pitch explaining their qualifications and why they should be considered for the job, with proposals due by February 7 of next year. Other big tech companies, including Amazon and Google, are also relying on nuclear to satisfy their growing energy needs as AI becomes more prevalent.

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