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December 5, 2025

Loan Programs Office (LPO)

Savannah River Site
DOE Seeking Proposals for Power Generation, AI Data Centers
The U.S. Department of Energy is looking for developers that want to build artificial intelligence data centers — and the power generation to run them — on two nuclear sites.
PJM
Feds Pull $716M Loan Commitment from N.J. Offshore Wind Project
The Department of Energy has withdrawn a $716 million loan commitment that would have helped New Jersey upgrade the state transmission system to connect offshore wind to the grid.
DOE
Energy Department Staff Cuts Just Getting Started

Government job cuts have been a major theme of the Trump administration, and while DOE has faced some cuts former officials say are already significant, many more employees are going to leave in the months to come.

© RTO Insider
Clean Energy Facing Grim Financial Environment in N.J.
Federal funding disruption and a surge in electricity demand will require states to implement resource adequacy and financial support policies for new energy sources, speakers at an energy conference in New Jersey said.
C-SPAN
Trump to Declare ‘National Energy Emergency’ to Ramp up Oil, Gas Production
Minutes after he was sworn in as 47th president of the United States, Donald Trump signaled his intention to rapidly increase production of oil and gas.
DTE
LPO Offers Eight Utilities $22.9B in Loan Guarantees
The U.S. Department of Energy has made conditional loan commitments totaling $22.9 billion to utilities for transmission, pipeline and clean power investments. 
Hydrostor
LPO Offers $1.76B Loan Guarantee for Compressed Air Energy Storage
The Willow Rock Energy Storage Center is expected to bolster reliability of the California grid with 500 MW/4,000-MWh of long-duration storage. 
The White House
How Much of the IRA Can be Saved in 2025?

As they prepare to leave office, Biden administration officials remain confident that IRA funds already committed by DOE will be impossible to claw back by the incoming Trump administration.

BlueOval SK
LPO Finalizes Major Loans to Ford, Stellantis for EV Battery Plants
DOE’s Loan Programs Office announced billions of dollars in loans for two joint ventures of car and electronics manufacturers aimed at building out a domestic battery supply chain and accelerate the rollout of new electric vehicles.
PG&E
DOE Offers $15B Loan to PG&E to Support Reliability Goals
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.

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