Loan Programs

The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the Palisades Power Plant, an 800-MW nuclear generating station in Covert Township, Michigan (Figure 1). The project aims to bring […]

The U.S. Department of Energy (DOE) said it will provide $109.5 million in funding for projects that directly support job creation in communities impacted by the energy transition, particularly for workers and areas struggling due to closures of coal-fired power plants and coal mines. The DOE in the April 23 announcement, made in connection with […]