ZPE_Logo
  
Search        
  Create an account Home  ·  Topics  ·  Downloads  ·  Your Account  ·  Submit News  ·  Top 10  
Mission Statement

Modules
· Home
· Forum
· LATEST COMMENTS
· Special Sections
· SUPPORT ZPEnergy
· Advertising
· AvantGo
· Books
· Downloads
· Events
· Feedback
· Link to us
· Private Messages
· Search
· Stories Archive
· Submit News
· Surveys
· Top 10
· Topics
· Web Links
· Your Account

Who's Online
There are currently, 199 guest(s) and 0 member(s) that are online.

You are Anonymous user. You can register for free by clicking here

Events

Hot Links
Aetherometry

American Antigravity

Chava Energy

Closeminded Science

EarthTech

Energy Science

Energy21

Innoplaza

Integrity Research Institute

Interstellar Technologies

JLN Labs

KeelyNet

New Energy Movement

New Energy Times

The Orion Proj.

Panacea-BOCAF

QVac_Eng

RexResearch

Science Hobbyist

Tom Bearden's Page

Unlimited electric energy

USPTO

Want to Know

Other Info-Sources
NE News Sites
AER_Network
Alternative Energy News
KeelyNet_News
NextEnergyNews
PESWiki/News
NE Discussion Groups
Energetic Forum
Energy2000
Free_Energy
Greenglow
JLNLabs
KeelyNet
NuEnergy
OverUnity
Sarfatti_Physics
Sweet-VTA
Tapten
Tomorrow-energy
Vortex
Magazine Sites
Distributed Energy
Electrifying Times
ExtraOrdinary Technology
IE Magazine
New Energy Times

Interesting Links

Click Here for the DISCLOSURE PROJECT
SciTech Daily Review
NEXUS Magazine
radioioAmbient

DOE Announces Plans for Future Loan Guarantee Solicitations
Posted on Friday, April 11, 2008 @ 22:15:18 EDT by vlad

Legal WASHINGTON, DC – The U.S. Department of Energy (DOE) today announced plans to issue loan guarantee solicitations in two stages this summer for up to $38.5 billion for projects that employ advanced technologies that avoid, reduce or sequester emissions of air pollutants and greenhouse gases. This will mark the second and third rounds of solicitations for DOE’s Loan Guarantee program, which encourages the development of new energy technologies and is an important step in paving the way for clean energy projects.

In a Fiscal Year (FY) 2008 loan guarantee implementation plan sent to Congress, DOE outlined plans to issue its second round of solicitations concurrently no later than June 2008 for efficiency, renewable energy and electric transmission projects (up to $10 billion); nuclear power facilities (up to $18.5 billion); and nuclear facilities for the “front-end” of the nuclear fuel cycle, including uranium enrichment (up to $2 billion). Later this summer, DOE intends to issue a third solicitation for loan guarantee applicants for advanced fossil energy projects (up to $8 billion).

“DOE’s Loan Guarantee program aims to accelerate the commercialization of innovative, environmentally-friendly technologies that will have a real impact on ensuring clean, affordable and reliable supplies of energy,” David Frantz, Director of DOE’s Loan Guarantee Office, said. “We intend to move forward quickly and deliberately to issue solicitations, conduct a thorough financial and technical review and support these truly innovative technologies that hold great promise for our nation’s energy security.”

Prior to the issuance of the upcoming $10 billion solicitation for projects in the efficiency, renewable energy and electric transmission areas, the Department intends to issue a Request for Information to solicit input from stakeholders concerning areas of particular technology focus and interest in these areas. These technologies could include renewable energy and energy efficient technologies, including advanced transmission and distribution technologies, hydrogen and fuel cell technologies, energy efficient building technologies and applications, battery development, alternative vehicle technologies, and ocean wave/tidal, solar, wind, geothermal and biomass technology development.

Selection criteria for the clean energy projects under these solicitations will focus on the avoidance of emissions of greenhouse gas emissions and other air pollutants; the speed at which technologies can be commercialized; cost-saving potential for consumers; the prospect of repayment; and the potential for long-lasting success of these technologies in the marketplace.

Today’s announcement meets the statutory requirement in the Consolidated Appropriations Act of 2008 to submit a loan guarantee implementation plan 45 days prior to the execution of a new loan guarantee solicitation.

Following funding and authorization for the program in February 2007, DOE has made significant progress, including conducting a thorough review of 143 pre-applications received pursuant to DOE’s first solicitation in August 2006 and inviting sponsors of 16 projects to submit full applications. These 16 projects include six biomass projects, three advanced fossil energy projects, two industrial energy efficiency projects, two solar energy projects, one electricity delivery and energy reliability project, one hydrogen project, and one alternative fuel vehicles project.

Last year, DOE also issued final implementing regulations for the Loan Guarantee program; established a Credit Review Board to make recommendations to the Secretary of Energy on loan guarantees; named an office director and technical and financial experts to work in the Loan Guarantee program office; and developed guidelines for the financial and technical review of loan guarantee applications.

DOE’s Loan Guarantee program, authorized by Title XVII of the Energy Policy Act of 2005 (EPAct), aims to encourage early commercial use of new or significantly improved technologies in energy projects. Loan guarantees issued by DOE, and backed by the full faith and credit of the United States government, will encourage the development of projects that employ new technologies that avoid, reduce, or sequester air pollutants and greenhouse gases. Projects supported by loan guarantees will help fulfill President Bush’s goal of reducing our reliance on imported sources of energy by diversifying our nation’s energy mix and increasing energy efficiency.

Learn more about the Department’s Loan Guarantee Program.

Loan Guarantee Program - Implementation Plan April 2008 (PDF)

Media contact(s):
Megan Barnett, (202) 586-4940

Source: http://www.doe.gov/news/6152.htm


 
Login
Nickname

Password

Security Code: Security Code
Type Security Code

Don't have an account yet? You can create one. As a registered user you have some advantages like theme manager, comments configuration and post comments with your name.

Related Links
· More about Legal
· News by vlad


Most read story about Legal:
Formation of Archer Energy Systems, Inc.


Article Rating
Average Score: 0
Votes: 0

Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad


Options

 Printer Friendly Printer Friendly


"DOE Announces Plans for Future Loan Guarantee Solicitations" | Login/Create an Account | 2 comments | Search Discussion
The comments are owned by the poster. We aren't responsible for their content.

No Comments Allowed for Anonymous, please register

Green Energy Sings the Blues: Credit Crunch Hits Clean Tech, Too (Score: 1)
by vlad on Tuesday, April 15, 2008 @ 23:11:03 EDT
(User Info | Send a Message) http://www.zpenergy.com

Here’s another sign the clean-energy sector is coming of age: It no longer lives a charmed life, but is getting gutpunched by the credit crisis just like the rest of us.

Preliminary investment numbers for the first quarter out today from New Energy Finance [www.newenergyfinance.com], London-based analysts that track clean technology investment, show how dwindling liquidity and roiled markets are affecting even the go-go sector...

More: Credit Crunch [blogs.wsj.com]




Re: DOE Announces Plans for Future Loan Guarantee Solicitations (Score: 1)
by Frederik on Tuesday, February 22, 2011 @ 06:53:48 EST
(User Info | Send a Message)
Well, actually, I think that loans are really useful as they help to provide various programs and projects. However, it's really important to use them wisely in order to avoid bad debt and serious problems it may lead to. Government borrows huge amount, though, there is no opportunity to repay the funds. US debt has almost reached the ceiling and it looks a bit depressing, doesn't it?



 

All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest © 2002-2016 by ZPEnergy. Disclaimer: No content, on or affiliated with ZPEnergy should be construed as or relied upon as investment advice. While every effort is made to ensure that the information contained on ZPEnergy is correct, the operators of ZPEnergy make no warranties as to its accuracy. In all respects visitors should seek independent verification and investment advice.
Keywords: ZPE, ZPF, Zero Point Energy, Zero Point Fluctuations, ZPEnergy, New Energy Technology, Small Scale Implementation, Energy Storage Technology, Space-Energy, Space Energy, Natural Potential, Investors, Investing, Vacuum Energy, Electromagnetic, Over Unity, Overunity, Over-Unity, Free Energy, Free-Energy, Ether, Aether, Cold Fusion, Cold-Fusion, Fuel Cell, Quantum Mechanics, Van der Waals, Casimir, Advanced Physics, Vibrations, Advanced Energy Conversion, Rotational Magnetics, Vortex Mechanics, Rotational Electromagnetics, Earth Electromagnetics, Gyroscopes, Gyroscopic Effects

PHP-Nuke Copyright © 2005 by Francisco Burzi. This is free software, and you may redistribute it under the GPL. PHP-Nuke comes with absolutely no warranty, for details, see the license.