DOE Loan Programs Office

DOE
DOE Announces $1B Loan for Constellation’s Crane Energy Center
DOE awarded Constellation a $1 billion loan for its Crane Clean Energy Center project, which will cut financing costs for the nuclear unit restart.
Shutterstock
AEP Closes on $1.6B Loan Guarantee for Transmission Projects
AEP Transmission plans to rebuild or upgrade 5,000 line-miles in Indiana, Michigan, Ohio, Oklahoma and West Virginia.
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The Department of Energy has withdrawn a $716 million loan commitment that would have helped New Jersey upgrade the state transmission system to connect offshore wind to the grid.
© 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.
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. 
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.
American Clean Power Association
FERC to Consider Special Interconnection Rules for Tribal Energy Projects
FERC will work with federally recognized tribes on whether it needs to issue a new rulemaking to address the issues they have interconnecting renewable resources to the grid. 
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.

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