The Department of Energy has scrapped a nearly $5 billion loan program for the Grain Belt Express, a nearly 600-mile-long electric line for wind & solar projects out of the Midwest.
The Department says it was a project “rushed out the door” in the final days of the Biden Administration. It also says the conditions necessary to issue the $4.9 billion loan are unlikely to be met, and it is not critical for the federal government to play a role in the project.
The Grain Belt Express was intended to connect wind and solar facilities across Kansas and Missouri. Senator Josh Hawley previously said the 600-mile project would put farmers in danger of losing land.
Related Stories
Benchmark machinery costs against those of similar-sized, high-performing operations to inform equipment and investment decisions.
Oregon FFA CEO Kjer Kizer discusses the proposed budget reductions, potential consequences, and the importance of protecting learning opportunities for students interested in agriculture.
Farms and major food companies use AI to improve efficiency and forecast demand. Still, developers said that training AI for different uses is only possible with support from knowledgeable workers.
