LPO Archives https://www.powermag.com/tag/lpo/ The power industry's trusted source for generation technology, O&M, and legal & regulatory news for coal, gas, nuclear, hydro, wind & solar power plants; power jobs Tue, 22 Apr 2025 19:24:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.powermag.com/wp-content/uploads/2020/11/cropped-p-power-32x32.jpg LPO Archives https://www.powermag.com/tag/lpo/ 32 32 DOE Releases More Funding to Reopen Palisades Nuclear Plant https://www.powermag.com/doe-releases-more-funding-to-reopen-palisades-nuclear-plant/ https://www.powermag.com/doe-releases-more-funding-to-reopen-palisades-nuclear-plant/#respond Tue, 22 Apr 2025 18:43:15 +0000 https://www.powermag.com/?p=232898 Energy Secretary Chris Wright on April 22 announced the release of the third loan disbursement to Holtec for the reopening of the Palisades Nuclear Plant in Michigan.

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In September 2024, the Department of Energy finalized a $1.52 billion loan guarantee to Holtec Palisades LLC to support the restoration and recommissioning of the 800-MW Palisades Nuclear Plant in Covert Township, Michigan. Originally shut down in May 2022, the plant is set to return to service and operate until at least 2051, pending U.S. Nuclear Regulatory Commission approvals. It could mark the first-ever recommissioning of a retired nuclear power plant in U.S. history. Source: DOE

]]> https://www.powermag.com/doe-releases-more-funding-to-reopen-palisades-nuclear-plant/feed/ 0 DOE’s Loan Programs Office Offers Game-Changing Possibilities https://www.powermag.com/does-loan-programs-office-offers-game-changing-possibilities/ https://www.powermag.com/does-loan-programs-office-offers-game-changing-possibilities/#respond Thu, 10 Apr 2025 16:59:19 +0000 https://www.powermag.com/?p=232234 As the presidential inauguration loomed on the horizon in January this year, the U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) published a “year-in-review” article, highlighting accomplishments from 2024 and looking ahead to the future. It noted that the previous four years had been the most productive in the LPO’s history. “Under the Biden-Harris […]

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]]> https://www.powermag.com/does-loan-programs-office-offers-game-changing-possibilities/feed/ 0 Plug Power Gets $1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel https://www.powermag.com/plug-power-gets-1-7-billion-loan-guarantee-from-doe-to-produce-hydrogen-fuel/ https://www.powermag.com/plug-power-gets-1-7-billion-loan-guarantee-from-doe-to-produce-hydrogen-fuel/#respond Sun, 19 Jan 2025 16:22:40 +0000 https://www.powermag.com/?p=227956 The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administration, including for upgrades to energy infrastructure. The DOE’s Loan Programs Office (LPO) on Jab. 16 said it had given a $1.66 billion loan guarantee to Plug Power’s subsidiary, […]

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]]> https://www.powermag.com/plug-power-gets-1-7-billion-loan-guarantee-from-doe-to-produce-hydrogen-fuel/feed/ 0 Biden’s DOE Finalizes $15 Billion Loan Guarantee to California’s PG&E https://www.powermag.com/bidens-doe-finalizes-15-billion-loan-guarantee-to-californias-pge/ https://www.powermag.com/bidens-doe-finalizes-15-billion-loan-guarantee-to-californias-pge/#respond Fri, 17 Jan 2025 21:17:59 +0000 https://www.powermag.com/?p=227933 The Biden administration has finalized a $15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), in the biggest outlay to a single group in the history of the Dept. of Energy’s (DOE) Loan Programs Office (LPO). The Jan. 17 announcement comes one day after the outgoing administration said it would provide nearly […]

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]]> https://www.powermag.com/bidens-doe-finalizes-15-billion-loan-guarantee-to-californias-pge/feed/ 0 DOE Announces $15 Billion Loan Guarantee for PG&E https://www.powermag.com/doe-announces-15-billion-loan-guarantee-for-pge/ https://www.powermag.com/doe-announces-15-billion-loan-guarantee-for-pge/#respond Tue, 17 Dec 2024 14:49:48 +0000 https://www.powermag.com/?p=226864 The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) has announced a conditional commitment for a loan guarantee of up to $15 billion to Pacific Gas & Electric, (PG&E), the natural gas and electric utility serving Northern and Central California. It’s the largest loan guarantee ever for the LPO, which under the Biden administration […]

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]]> https://www.powermag.com/doe-announces-15-billion-loan-guarantee-for-pge/feed/ 0 Michigan Governor Urges DOE to Support Palisades Nuclear Plant’s Reopening https://www.powermag.com/michigan-governor-urges-doe-to-support-palisades-nuclear-plants-reopening/ https://www.powermag.com/michigan-governor-urges-doe-to-support-palisades-nuclear-plants-reopening/#respond Mon, 12 Sep 2022 14:42:25 +0000 https://www.powermag.com/?p=178253 Michigan’s governor has asked the Department of Energy (DOE) to support Holtec International’s efforts to “save” the 800-MW Palisades nuclear power plant, marking a potential turnaround for the facility in Southwest Michigan, which was taken offline for the final time on May 20, 2022, after 50 years of operation. Michigan Gov. Gretchen Whitmer’s in a […]

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