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Global Trade Alert

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United States of America: DOE announces USD 100 million to support the production of green methanol

Description

On 25 March 2024, the Department of Energy announced financial assistance to Orsted P2X US Holding LLC for their project called “Star e-Methanol”. This support will help decarbonize the chemicals and ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Mar 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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