DOE Loan vs. Trump Administration Cancellations
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While the DOE approved the AEP loan, the Trump administration is reviewing or canceling similar grid modernization projects, including grants in California, Minnesota, and Oregon. These projects aim to boost capacity and efficiency in existing grids using advanced conductors and dynamic line rating devices — often cheaper than building new lines. The AEP project is notable for its scale and guaranteed interest savings, highlighting the administration’s selective approach to energy infrastructure funding.