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November 21, 2024

Loan Programs Office (LPO)

DOE
White House Releases Plan to Triple US Nuclear Power by 2050

The Biden administration wants to jumpstart a “nuclear deployment ecosystem” by getting 35 GW of new nuclear power online or under construction by 2035 and then build to a steady pace of deploying 15 GW per year in the U.S. and globally by 2040.

Shutterstock
Trump 2.0: Rolling Back Regulations, IRA Funding
In the wake of President-elect Donald Trump’s victory Nov. 5, the clean energy industry is now obsessing over how far the next administration will push his own agenda in favor of fossil fuels,
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SE Renewable Energy Conference Hears Blunt Talk on Trump
Keith Martin, a specialist in tax and renewable energy policy, said a Republican-led Congress would likely look to "cannibalize" parts of the Inflation Reduction Act.
Shutterstock
NetZero Analysis: Industry Leaders Share Frank Views on the IRA at 2
To gain a deeper understanding of how the IRA is being implemented, NetZero Insider invited several industry leaders to talk about their views on the law.
DOE
The IRA at 2: A Mixed Record of Achievement and Uncertainty

Signed into law Aug. 16, 2022, the IRA is the largest federal investment in climate and clean energy action in history, and leading up to the IRA’s second anniversary, the Department of Energy and other agencies have heralded the law’s impact and benefits.

Ørsted
DOE Dives into US Offshore Wind’s Growing Pains
U.S. Department of Energy officials say they're optimistic the costs of offshore wind energy development will begin to ease by the end of the decade.
Senate ENR Committee
Conference Explores AI Solutions to Data Center Power Demand
Artificial intelligence may be driving new energy demand from hyperscale data centers, but it could also help find new solutions to meet that demand.
Georgia Power
NIA: Cost, Risk Sharing Needed to Grow Advanced Nuclear Pipeline
The first new reactors built in the U.S. since 2016, Vogtle’s two units have come online seven years late and $17 billion over budget, leaving subsequent projects surrounded by perceptions of risk.
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.
Lithium Americas
LPO Announces $2.26B Loan to Nevada Lithium Processing Plant
With site preparation now complete, Lithium Americas is estimating a three-year construction period at Thacker Pass, with the mine and plant producing at full capacity in 2028.

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