Download or read book Implementation of EPAct 2005 Loan Guarantee Programs by the Department of Energy written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Air Quality and published by . This book was released on 2008 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Implementation of Epact 2005 Loan Guarantee Programs by the Department of Energy written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2018-01-17 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Implementation of EPAct 2005 loan guarantee programs by the Department of Energy : hearing before the Subcommittee on Energy and Air Quality of the Committee on Energy and Commerce, House of Representatives, One Hundred Tenth Congress, first session April 24, 2007.
Download or read book Implementation of EPAct 2005 Loan Guarantee Programs by the Department of Energy written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Air Quality and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Department of Energy written by Frank Russo and published by DIANE Publishing. This book was released on 2009-02 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Title XVII of the Energy Policy Act of 2005 established DoE¿s loan guarantee program (LGP) for innovative energy projects that should decrease air pollutants or greenhouse gases and that have a reasonable prospect of repayment. For FY 2008 and 2009, Congress authorized the use of borrower fees to pay the costs of loan guarantees; DoE will limit loan guarantees to $38.5 billion. Congress mandated this review of DoE¿s progress in assessing progress in: (1) issuing final regulations; and (2) taking actions to help ensure that the program is managed effectively and to maintain accountability. Also assessed how inherent risks due to the nature of the LGP may affect DoE¿s ability to achieve intended program outcomes. Includes recommendations. Illus.
Download or read book Department of Energy written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-08-11 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Department of Energys (DOE) loan guarantee program (LGP) for innovative energy projects was established in Title XVII of the Energy Policy Act of 2005, its scope has expanded both in the types of projects it can support and in the amount of loan guarantee authority available. DOE currently has loan guarantee authority estimated at about $77 billion and is seeking additional authority. As of April 2010, it had issued one loan guarantee for $535 million and made nine conditional commitments. In response to Congress mandate to review DOEs execution of the LGP, GAO assessed (1) the extent to which DOE has identified what it intends to achieve through the LGP and is positioned to evaluate progress and (2) how DOE has implemented the program for applicants. GAO analyzed relevant legislation, prior GAO work, and DOE guidance and regulations. GAO also interviewed DOE officials, LGP applicants, and trade association representatives.
Download or read book House Hearing 110th Congress written by U. S. Government Printing Office (Gpo) and published by BiblioGov. This book was released on 2013-09 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States Government Printing Office (GPO) was created in June 1860, and is an agency of the U.S. federal government based in Washington D.C. The office prints documents produced by and for the federal government, including Congress, the Supreme Court, the Executive Office of the President and other executive departments, and independent agencies. A hearing is a meeting of the Senate, House, joint or certain Government committee that is open to the public so that they can listen in on the opinions of the legislation. Hearings can also be held to explore certain topics or a current issue. It typically takes between two months up to two years to be published. This is one of those hearings.
Download or read book Loan Guarantee Program written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2011 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Loan Guarantee Program written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2009 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risky Business written by Subcommittee on Energy & Subcommittee on and published by Createspace Independent Publishing Platform. This book was released on 2017-05-17 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Established by the Energy Policy Act of 2005, the Department of Energy's loan guarantee program was designed to give federal support to risky, innovative, clean energy technology. Under a federal loan guarantee, instead of the private sector taking on risk to fund the scaleup of new technology, the government steps in, risking federal dollars on the hopes for success of these energy projects. Through the section 1703 and 1705 programs, the Department guaranteed loans to 30 energy companies, putting about $28 billion of taxpayer money on the line. Easy money combined with political pressure to issue loans before the temporary subsidy program expired led the DOE to rush loan applications. Both the DOE Inspector General and the Government Accountability Office found that DOE did not have the necessary expertise or the metrics to effectively evaluate these loans. A number of companies that received section 1705 loans went into default. In total, over $800 million in taxpayer money has been wasted by this DOE loan program. The GAO estimates that the cost for the current loan guarantees is $2.2 billion. Supporters argue the cost is justified if we can help innovative technologies make the leap to the commercial market. But what if federal meddling in the market actually hurts innovation?
Download or read book Financing Energy Efficiency written by Robert P. Taylor and published by World Bank Publications. This book was released on 2008-02-08 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: While energy efficiency projects could partly meet new energy demand more cheaply than new supplies, weak economic institutions in developing and transitional economies impede developing and financing energy efficiency retrofits. This book analyzes these difficulties, suggests a 3-part model for projectizing and financing energy efficiency retrofits, and presents thirteen case studies to illustrate the issues and principles involved.
Download or read book Federal Loan Guarantees for Energy Projects written by Ronan Sampson and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal government has a number of policy tools available to encourage the development and deployment of innovative clean energy technologies. Some of these policy tools include: clean energy mandates, carbon taxes, carbon cap and trade, environmental regulations, loan guarantees, grants, and tax expenditures. In 2005 and 2009, Congress passed legislation that provided loan guarantee authority to the Department of Energy (DOE) for innovative clean energy technologies and clean energy projects. In 2011, the high-profile bankruptcy, and subsequent loan default, of Solyndra resulted in a congressional investigation and subjected DOE's loan guarantee program to a high degree of scrutiny. This book provides analysis of goals for and concerns about the use of loan guarantees as a mechanism to support the deployment of innovative clean energy technologies.
Download or read book Critical Materials Strategy written by Steven Chu and published by DIANE Publishing. This book was released on 2011-05 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the role of rare earth metals and other materials in the clean energy economy. It was prepared by the U.S. Department of Energy (DoE) based on data collected and research performed during 2010. In the report, DoE describes plans to: (1) develop its first integrated research agenda addressing critical materials, building on three technical workshops convened by the DoE during November and December 2010; (2) strengthen its capacity for information-gathering on this topic; and (3) work closely with international partners, including Japan and Europe, to reduce vulnerability to supply disruptions and address critical material needs. Charts and tables. This is a print on demand report.
Download or read book Doe Loan Guarantees written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-08-03 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: " The Department of Energy's (DOE) Loan Guarantee Program (LGP) was created by section 1703 of the Energy Policy Act of 2005 to guarantee loans for innovative energy projects. Currently, DOE is authorized to make up to $34 billion in section 1703 loan guarantees. In February 2009, the American Recovery and Reinvestment Act added section 1705, making certain commercial technologies that could start construction by September 30, 2011, eligible for loan guarantees. It provided $6 billion in appropriations that were later reduced by transfer and rescission to $2.5 billion. The funds could cover DOE's costs for an estimated $18 billion in additional loan guarantees. GAO has an ongoing mandate to review the program's implementation. Because of concerns raised in prior work, GAO assessed (1) the status of the applications to the LGP and (2) for loans that the LGP has committed to, or made, the extent to which the program has adhered to its process for reviewing applications. GAO analyzed relevant legislation, regulations, and guidance; prior audits; and LGP data, documents, and applications. GAO also interviewed DOE officials and private lenders with experience in energy project lending. "
Download or read book Implementation of the Provisions of the Energy Policy Act of 2005 written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2006 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Implementation of the Provisions of the Energy Policy Act of 2005 written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2006 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Power of Renewables written by Chinese Academy of Engineering and published by National Academies Press. This book was released on 2011-01-29 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States and China are the world's top two energy consumers and, as of 2010, the two largest economies. Consequently, they have a decisive role to play in the world's clean energy future. Both countries are also motivated by related goals, namely diversified energy portfolios, job creation, energy security, and pollution reduction, making renewable energy development an important strategy with wide-ranging implications. Given the size of their energy markets, any substantial progress the two countries make in advancing use of renewable energy will provide global benefits, in terms of enhanced technological understanding, reduced costs through expanded deployment, and reduced greenhouse gas (GHG) emissions relative to conventional generation from fossil fuels. Within this context, the U.S. National Academies, in collaboration with the Chinese Academy of Sciences (CAS) and Chinese Academy of Engineering (CAE), reviewed renewable energy development and deployment in the two countries, to highlight prospects for collaboration across the research to deployment chain and to suggest strategies which would promote more rapid and economical attainment of renewable energy goals. Main findings and concerning renewable resource assessments, technology development, environmental impacts, market infrastructure, among others, are presented. Specific recommendations have been limited to those judged to be most likely to accelerate the pace of deployment, increase cost-competitiveness, or shape the future market for renewable energy. The recommendations presented here are also pragmatic and achievable.
Download or read book OMB s Role in the DOE Loan Guarantee Process written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 2012 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
