The Department of Energy has announced a new $100 million funding opportunity to refurbish and modernize the nation’s coal-fired power plants.
The initiative, outlined in a newly issued Notice of Funding Opportunity, or NOFO, aims to extend plant lifetimes, boost efficiency, and strengthen the reliability of the U.S. power grid.
The funding follows DOE’s September plan to invest $625 millionto revitalize the U.S. coal industry.
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