Trump Cancels Major Power Line Projects Amid Energy Funding Shifts

The Trump administration canceled a $4.9 billion federal loan guarantee for the Grain Belt Express power transmission project, which aims to carry wind-generated electricity across the Midwest, citing it as unnecessary for supporting reliable and affordable energy. Despite the project's potential to enhance grid capacity and support AI data centers, political and land use disputes, along with policy shifts favoring fossil fuels over renewables, led to the cancellation, raising concerns about the U.S.'s ability to expand its energy infrastructure to meet growing demands.