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February 12, 2026

Loan Programs Office (LPO)

DOE
DOE to Restructure or Eliminate $83 Billion in Biden-era Loans
The U.S. Department of Energy said it is restructuring, revising or eliminating more than $83 billion in loans and conditional commitments issued under the Biden administration.
House Energy and Commerce Committee
House Hearing Examines Nuclear Energy’s Chances for Growth
At an oversight hearing on new nuclear capacity, the two parties touted recent bipartisan legislation as helping move things forward, but Democrats said Trump administration cuts and moves to curb the NRC's independence creates crosswinds.
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The Department of Energy has withdrawn a $716 million loan commitment that would have helped New Jersey upgrade the state transmission system to connect offshore wind to the grid.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.


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