The U.S. Department of Energy’s Loan Programs Office (LPO) has added new application deadlines for its current Title XVII loan guarantee solicitations.
DOE is authorized to issue loan guarantees pursuant to Title XVII of the Energy Policy Act of 2005. Loan guarantees are made to qualified projects and applicants who apply for funding in response to open technology-specific solicitations.
The Title XVII loan program applies to a wide range of energy technologies, including advanced fossil energy, nuclear energy, renewable energy, and energy efficiency. LPO is currently accepting applications in response to the following open Title XVII solicitations:
- Advanced fossil energy projects solicitation;
- Advanced nuclear energy projects solicitation; and
- Renewable energy and efficient energy projects solicitation.
The extension of the effective period for LPO’s Paperwork Reduction Act (PRA) number was extended for three years, allowing LPO to issue new Part I and Part II application deadlines into 2019.
Hydrokinetic technologies, such as ocean wave, tidal, and in-stream technologies, are eligible. However, conventional hydropower – new and incremental – if already commercially deployed in the U.S., are not considered new or significantly improved, and therefore are not eligible for the program.
All projects deemed eligible for a loan guarantee must use “new or significantly improved” technologies compared to commercial technologies already in the marketplace. Projects also must avoid, sequester, or reduce emissions of greenhouse gases or air pollutants.
Potential applicants should direct any questions about the new deadlines or the Title XVII program in general to email@example.com.