Elsewhere at DOE: Secretary Wright unveiled the LPO’s Energy Dominance Financing Program, a rebrand of a Biden-era loan initiative that once prioritized decarbonization. (Canary Media)
The Trump-era reboot keeps the loan structure but drops emissions requirements—expanding eligibility to coal, gas, nuclear, and critical minerals as part of President Trump’s “energy dominance” agenda.
The program’s debut project—a $1.6B loan guarantee to AEP for 5K miles of Midwest grid upgrades—originated under the Biden DOE. Wright defended the project as an efficient use of existing infrastructure, even though it will also expand capacity for renewable energy.
🎧 Listen of the day: Former LPO head Jigar Shah—who once ran the very office Wright is reshaping—shares his POV on what the Trump administration is getting wrong about energy demand. Listen to his episode of Energy Central’s Power Perspectives here.