DOE Announces New Critical Materials Assessment and Funding Program

DOE’s recently released 2023 Critical Materials Assessment evaluates materials for their criticality to global renewable energy technology supply chains. Based on the results of the Assessment, DOE has determined the 2023 DOE Critical Materials List of energy-specific critical and near-critical materials through 2035.

In addition to informing DOE priorities, the DOE Critical Materials List will inform eligibility for tax credits under the Inflation Reduction Act 48C. DOE also recently announced its intent to fund a program that will advance cost-effective and environmentally responsible production, reuse, and recycling of critical minerals and materials in the United States.