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January 22, 2025
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DOE Offers $15B Loan to PG&E to Support Reliability Goals
Conditional Funding Will Target Utility Hydropower, Battery, Transmission Projects
PG&E
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The U.S. Department of Energy’s Loan Programs Office announced a $15 billion conditional loan commitment to Pacific Gas & Electric to improve the California-based utility’s energy infrastructure and support clean energy initiatives.
Battery Electric StorageCAISO/WEIMCompany NewsCompany NewsEnergy StorageHydropowerHydropowerLoan Programs Office (LPO)ReliabilityTransmission Operations