Loan Programs Office (LPO)
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.
The Department of Energy has withdrawn a $716 million loan commitment that would have helped New Jersey upgrade the state transmission system to connect offshore wind to the grid.
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.
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.
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.
The U.S. Department of Energy has made conditional loan commitments totaling $22.9 billion to utilities for transmission, pipeline and clean power investments.
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.
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.
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.
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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