Of the roughly $700 million in total funding, $425 million would be used to upgrade and extend the life of 13 coal plants that otherwise might have closed in the coming years.
Companies say itβs a better way to dispose of the Cold War-era material β and fix a shortage of nuclear fuel. But the plan has also faced criticism from nonproliferation experts.
The dream of clean hydrogen has tantalized energy experts for years, but producing it has been tough. Many start-ups think the answer could lie beneath our feet.