Overview
- DOE says it has de‑obligated or is terminating nearly $30 billion from roughly $104 billion in Biden-era loans, with another $53.6 billion under revision.
- About $9.5 billion tied to wind and solar was eliminated, with support redirected where possible to natural gas and nuclear capacity.
- The Loan Programs Office was renamed the Office of Energy Dominance Financing, which the department says now has nearly $289–$290 billion in lending authority.
- Stated funding priorities now include nuclear, coal, oil and gas, critical minerals, geothermal, grid and transmission, as well as manufacturing and transportation.
- Many conditional commitments remain unresolved, with only a few projects publicly listed — including a Three Mile Island restart, an AEP-led transmission upgrade, and an Indiana coal-to-fertilizer plant — and DOE highlighting earlier cancellations such as the Grain Belt Express.