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May 29, 2024

DOE Loan Programs Office

DOE
DOE Report Highlights Benefits of Advanced Grid Technologies
Advanced grid technologies can help expand the grid quickly and relatively cheaply, according to a new report from the U.S. Department of Energy.
Holtec International
LPO Announces $1.52B Loan to Restart Palisades Nuclear Plant
Michigan’s 800-MW Palisades nuclear power plant could become the first nuclear plant in the U.S. to be restarted, helped by a $1.52 billion loan from DOE’s Loan Programs Office.
Invinity
LPO Announces $72.8M Loan for Tribal Microgrid
Currently under construction, the Viejas microgrid will combine 15 MW of solar with 38 MWh of long-duration, non-lithium storage and is the first loan the LPO has made under its long-dormant Tribal Energy Financing Program.
Controlled Thermal Resources
Climate Resilience Takes Center Stage at NARUC

California PUC President Alice Reynolds set the tone for the theme of climate resilience at the group's annual meeting with a story about the history of the Salton Sea.

© RTO Insider LLC
Overheard at Deploy23
Coming off the Earth’s hottest summer on record, the conference zeroed in on the public-private partnerships needed to optimize the impact of every penny of the billions in clean energy funding in the IIJA and IRA.
© RTO Insider LLC
Overheard at NARUC Summer Policy Summit 2023
NARUC's annual Summer Policy Summit attracted more than 1,000 attendees for discussions on understanding and preparing for the challenges that lie ahead.
Blue Oval SK
Loan Programs Office Announces $9.2B for Ford Battery Plants in Tenn., Ky.
DOE will loan Ford and Korean battery manufacturer SK On up to $9.2 billion to help them build huge factories in Kentucky and Tennessee for producing EV batteries.  
© RTO Insider LLC
Overheard at EEI 2023
The clean energy transition, the technology and funding to make it happen, were the focus of the Edison Electric Institute’s annual forum.
DOE
DOE: US Needs 200 GW of New Nuclear Power by 2050
DOE is estimating that 500 to 750 GW of clean, firm power — including 200 GW of new nuclear — will be needed to reach net-zero emissions economy-wide by 2050.
© RTO Insider LLC
DOE Ramps up Support for LMI Community Solar
Jennifer Granholm announced new funding opportunities and projects aimed at expanding access to solar for low- and moderate-income consumers and communities.

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