Subscribe to Newsletter to get latest insights & analysis in your inbox. Download the ETEnergyworld App and get the Realtime updates and Save your favourite articles. The Trump administration has canceled or is in the process of terminating nearly $30 billion in loan ‌obligations, the department ‍said. Energy Secretary Chris Wright said in November the biggest use of the remaining loans will go to boost nuclear power. The department said priorities will include coal, oil, and gas, and projects on critical minerals, geothermal, the power grid and manufacturing and transportation.

Source: Economic Times January 23, 2026 06:57 UTC