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Commenter says DOE ended Midwest transmission loan program as battery storage expands, warns of higher transmission costs
Summary
An unidentified commenter at the meeting said the Department of Energy terminated a loan guarantee program for a proposed interregional transmission system in the Midwest and pointed to rapid growth in utility-scale battery storage as evidence that renewables can serve as baseload when paired with storage.
An unidentified commenter at the meeting said the Department of Energy terminated a loan guarantee program for a proposed interregional transmission system in the Midwest and pointed to rapid growth in utility-scale battery storage as evidence that renewable energy can serve as baseload when paired with storage.
The commenter said the DOE action was a loan guarantee program termination and emphasized the timing: "the Department of Energy terminated a loan program for a major interregional transmission system in the Midwest. So here we are talking about how important transmission is, and here's, the, the Department of Energy," the commenter said. The speaker added that the DOE action "wasn't a grant. It…
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