The Department of Energy has canceled 24 clean energy demonstration projects worth nearly $3.7 billion, citing concerns over financial viability, insufficient return on taxpayer investment, and a failure to meet the energy needs of Americans.
Energy Secretary Chris Wright announced the decision on May 30, describing the awards as hastily approved in the final days of the Biden administration and misaligned with the Trump administration’s energy and economic priorities. The cancellations come after an internal review ordered earlier this month under a new departmental policy aimed at increasing accountability and rooting out waste in federally funded energy programs.
“The Trump administration is doing our due diligence to ensure we are utilizing taxpayer dollars to strengthen our national security, bolster affordable, reliable energy sources and advance projects that generate the highest possible return on investment,” Wright said. “Today, we are acting in the best interest of the American people by cancelling these 24 awards.”…