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DOE Restructures, Revises, and Eliminates Loans and Conditional Commitments through Office of Energy Dominance Financing

Date: 01/22/2026
Type: Rollback of IRA

On January 22, 2026, DOE announced that its newly established office of Energy Dominance Financing was in the process of de-obligating over $29.9 billion dollars of Biden-era principal loan obligations, and is revising another $53.6 billion. This amount includes $9.5 billion in wind and solar energy projects. The office has re-structured funding and organizational capacity to prioritize nuclear, coal, oil, and gas, critical minerals, geothermal, grid and transmission, and manufacturing and transportation.

Although the announcement did not reference specific projects for which the funding was being revised, it likely includes projects served by the IRA’s Section 50141 and 50161 for DOE loans for energy efficiency and clean industrial facilities under the formerly named Loans Program Office (LPO).

Opportunities for Participation and Additional Resources:

https://www.energy.gov/edf/articles/letter-leadership-edf-2025-year-review-and-looking-forward-2026

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