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How can the U.S. government bridge the gap between clean energy innovation and large-scale deployment? Will the Trump administration accelerate progress or put up roadblocks for clean tech? And how can the U.S. stay competitive with China, which already holds a commanding lead in the sector? Jigar Shah joins Cleaning Up fresh from his four-year tenure as Director of the U.S. Department of Energy's Loan Programs Office (LPO). Appointed in 2021, Shah transformed the once-obscure office into a clean-tech commercialization powerhouse, committing more than $100 billion in loans to U.S.-based companies. But with a new administration implementing sweeping cuts to the federal workforce, is all his work at risk? Or will market forces and the very real risk of blackouts keep clean energy innovation moving forward? In this conversation with Michael Liebreich, Shah shares how he turned the LPO into a driving force for clean technology deployment, and what lessons can be learned by policymakers, investors and entrepreneurs. He also offers a candid assessment of the opportunities and challenges across key sectors—from advanced nuclear to sustainable aviation fuels. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and more: • DoE Liftoff Reports: https://liftoff.energy.gov • Episode 9 with Jigar Shah: • Creating Climate Wealth - Ep9: Jigar ... • Episode 193, Mike Headroom's AI Audioblog: • The Year Energy Woke Up To AI — Audio... Chapters: 00:00 - Intro 05:00 - Joining the Loan Programs Office 09:00 - How the LPO Funds Clean Tech 14:30 - What Types of Money 18:45 - How Much Money Did Jigar Spend? 23:40 - The Inflation Reduction Act 27:45 - Evaluating Companies 31:10 - The State of Advanced Nuclear 32:30 - The State of Carbon Capture and Management 34:10 - The State of Clean Hydrogen 36:20 - The State of Geothermal 39:00 - The State of Sustainable Aviation Fuels 42:05 - The State of Long Duration Storage 45:20 - The State of Offshore Wind 48:00 - US Need for Electricity 51:50 - Blackouts 53:40 - Chris Wright, The New Energy Secretary 56:10 - Hope for Europe? 58:00 - China-US Competition 01:02:00 - Jigar's Next Venture 01:05:51 - Outro