POWER Magazine•about 15 hours ago
DOE Launches $100M Retrofit Program Targeting Coal Fleet Reliability
- •The Department of Energy (DOE) has launched a $100 million Notice of Funding Opportunity (NOFO) to provide federal backing for projects modernizing and restoring the reliability of the existing coal power plant fleet.
- •Administered by NETL under the Office of Fossil Energy and Carbon Management, this program targets life extension and operational improvements for coal assets.
- •For developers, this presents a direct funding pathway for retrofitting and upgrading coal plants; for large power consumers, it indicates continued federal support for existing baseload generation, potentially impacting long-term supply stability.
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