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The Department Of Energys Loan Guarantee Program For Innovative Energy Technologies
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Book Synopsis The Department of Energy's Loan Guarantee Program for Innovative Energy Technologies by : CreateSpace Independent Publishing Platform
Download or read book The Department of Energy's Loan Guarantee Program for Innovative Energy Technologies written by CreateSpace Independent Publishing Platform and published by Createspace Independent Publishing Platform. This book was released on 2018-07-09 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Energy's loan guarantee program for innovative energy technologies
Book Synopsis The Department of Energy's Loan Guarantee Program for Innovative Energy Technologies by : United States. Department of Energy. Office of Audit Services
Download or read book The Department of Energy's Loan Guarantee Program for Innovative Energy Technologies written by United States. Department of Energy. Office of Audit Services and published by . This book was released on 2009 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Energy and Natural Resources Publisher : ISBN 13 : Total Pages :120 pages Book Rating :4.:/5 (318 download)
Book Synopsis Loan Guarantee Program by : United States. Congress. Senate. Committee on Energy and Natural Resources
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:
Author :Subcommittee on Energy & Subcommittee on Publisher :Createspace Independent Publishing Platform ISBN 13 :9781546634966 Total Pages :118 pages Book Rating :4.6/5 (349 download)
Book Synopsis Risky Business by : Subcommittee on Energy & Subcommittee on
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?
Book Synopsis Audit Report "The Department of Energy's Loan Guarantee Program for Innovative Energy Technologies." by :
Download or read book Audit Report "The Department of Energy's Loan Guarantee Program for Innovative Energy Technologies." written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Energy Policy Act of 2005 authorized the Department of Energy to guarantee loans for new or significantly improved energy production technologies that avoid, reduce, or sequester air pollutants and other greenhouse gases. As of December 2008, Congress authorized the Department to make $42.5 billion in loan guarantees to support innovative energy projects. These guarantees were authorized for up to 80% of the total project costs and were designed to promote the commercial use of innovative technologies. Under the terms of the Act, the loan guarantees are contingent upon reasonable prospect of repayment by the borrower. Consistent with the Energy Policy Act, the Department is responsible for soliciting and evaluating loan applications, approving loan guarantees, and monitoring project and loan guarantee performance. through December 2008, the Department had issued five solicitations for projects that support innovative clean coal technologies, energy efficiency, renewable energy, advanced electricity transmission and distribution, and nuclear and fossil energy projects. These solicitations were issued in three phases with the first in August 2006, and the final in September 2008. Eleven substantially complete applications requesting approximately $8.2 billion in loan guarantees had been received by the Department in response to the first solicitation. The Department had begun the review of applications and was in the process of completing due diligence procedures necessary to evaluate projects received in response to the first solicitation. Under current plans, the Department is to issue its first loan guarantees in the spring of 2009. Because of the importance of this program as part of an effort to address the Nation's most challenging and pressing energy needs; and, the potential risk of loss to the United States taxpayers should default occur, we initiated this review to evaluate the Department's progress in establishing internal and operational controls over its Loan Guarantee Program.
Author :United States. Congress. Senate. Committee on Energy and Natural Resources Publisher : ISBN 13 : Total Pages :88 pages Book Rating :4.0/5 ( download)
Book Synopsis Loan Guarantee Program by : United States. Congress. Senate. Committee on Energy and Natural Resources
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:
Book Synopsis Department of Energy Loan Programs by : Annmarie Randall
Download or read book Department of Energy Loan Programs written by Annmarie Randall and published by Nova Science Publishers. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Energy's (DOE) Loan Programs Office administers the Loan Guarantee Program (LGP) for certain renewable or innovative energy projects and the Advanced Technology Vehicles Manufacturing (ATVM) loan program for projects to produce more fuel-efficient vehicles and components. This book assesses the extent to which DOE has developed and adhered to loan monitoring policies for its loan programs.
Book Synopsis The Department of Energy's loan guarantee program for innovative energy technologies by : United States. Department of Energy. Office of Audit Services
Download or read book The Department of Energy's loan guarantee program for innovative energy technologies written by United States. Department of Energy. Office of Audit Services and published by . This book was released on 2009 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Loan Guarantees for Energy Projects by : Ronan Sampson
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.
Book Synopsis Loan Guarantee Program by : United States Senate
Download or read book Loan Guarantee Program written by United States Senate and published by . This book was released on 2020-04 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Loan guarantee program: hearing before the Committee on Energy and Natural Resources, United States Senate, One Hundred Eleventh Congress, second session, to receive testimony on the U.S. Department of Energy's loan guarantee program and its effectiveness in spurring the near-term deployment of clean energy technology, September 23, 2010.
Book Synopsis Doe Loan Guarantees by : U.s. Government Accountability Office
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. "
Book Synopsis Department of Energy by : United States. Government Accountability Office
Download or read book Department of Energy written by United States. Government Accountability Office and published by . This book was released on 2013 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :The Law The Law Library Publisher :Createspace Independent Publishing Platform ISBN 13 :9781722345303 Total Pages :66 pages Book Rating :4.3/5 (453 download)
Book Synopsis Loan Guarantees for Projects That Employ Innovative Technologies (Us Department of Energy Regulation) (Doe) (2018 Edition) by : The Law The Law Library
Download or read book Loan Guarantees for Projects That Employ Innovative Technologies (Us Department of Energy Regulation) (Doe) (2018 Edition) written by The Law The Law Library and published by Createspace Independent Publishing Platform. This book was released on 2018-07-03 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Loan Guarantees for Projects That Employ Innovative Technologies (US Department of Energy Regulation) (DOE) (2018 Edition) The Law Library presents the complete text of the Loan Guarantees for Projects That Employ Innovative Technologies (US Department of Energy Regulation) (DOE) (2018 Edition). Updated as of May 29, 2018 On May 16, 2007, the Department of Energy (DOE or the Department) published a Notice of Proposed Rulemaking and opportunity for comment (NOPR) to establish regulations for the loan guarantee program authorized by Title XVII of the Energy Policy Act of 2005 (Title XVII or the Act). Title XVII authorizes the Secretary of Energy (Secretary) to make loan guarantees for projects that "avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases; and employ new or significantly improved technologies as compared to commercial technologies in service in the United States at the time the guarantee is issued." Title XVII also identifies ten categories of technologies and projects that are potentially eligible for loan guarantees. The two principal goals of Title XVII are to encourage commercial use in the United States of new or significantly improved energy-related technologies and to achieve substantial environmental benefits. DOE believes that commercial use of these technologies will help sustain and promote economic growth, produce a more stable and secure energy supply and economy for the United States, and improve the environment. Having considered all of the comments submitted to DOE in response to the NOPR, the Department today is issuing this final rule. This book contains: - The complete text of the Loan Guarantees for Projects That Employ Innovative Technologies (US Department of Energy Regulation) (DOE) (2018 Edition) - A table of contents with the page number of each section
Download or read book DOE Loan Programs written by Frank Rusco and published by . This book was released on 2015-06-05 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Energy's (DOE's) Loan Programs Office administers the Loan Guarantee Program (LGP) and the Advanced Technology Vehicles Manufacturing (ATVM) loan program to support certain renewable or innovative energy technologies. Both programs can expose the government and taxpayers to substantial financial risks if borrowers default. This report (1) describes DOE's loan portfolio and the portfolio's current status; (2) describes the current estimated credit subsidy costs of the loan programs and the extent to which credit subsidy cost estimates changed; and (3) examines DOE's administrative costs for the loan programs and the extent to which fees have covered LGP's administrative costs. Tables and figures. This is a print on demand report.
Author :United States. Congress. Senate. Committee on Energy and Natural Resources Publisher : ISBN 13 : Total Pages :60 pages Book Rating :4.3/5 (91 download)
Book Synopsis Financing for Deployment of Clean Energy by : United States. Congress. Senate. Committee on Energy and Natural Resources
Download or read book Financing for Deployment of Clean Energy written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2009 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Regulatory Affairs, Stimulus Oversight, and Government Spending Publisher : ISBN 13 : Total Pages :108 pages Book Rating :4.3/5 (121 download)
Book Synopsis The Obama Administration's Green Energy Gamble by : United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Regulatory Affairs, Stimulus Oversight, and Government Spending
Download or read book The Obama Administration's Green Energy Gamble written by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Regulatory Affairs, Stimulus Oversight, and Government Spending and published by . This book was released on 2012 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Science and Technology Publisher : ISBN 13 : Total Pages :396 pages Book Rating :4.3/5 (91 download)
Book Synopsis Loan Guaranties for Demonstration of New Energy Technologies by : United States. Congress. House. Committee on Science and Technology
Download or read book Loan Guaranties for Demonstration of New Energy Technologies written by United States. Congress. House. Committee on Science and Technology and published by . This book was released on 1976 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:
