DOE issues draft loan guarantee for emissions reduction projects

DOE issues draft loan guarantee Energy emissions reduction GHG greenhouse gas

The U.S. Department of Energy announced a draft loan guarantee for up to $8 billion for innovative and advanced fossil fuel energy projects that reduce, avoid or sequester greenhouse gases (GHG) and other air pollution.

The solicitation will support new or improved fossil energy projects, such as advanced resource development and extraction, carbon capture, low-carbon power systems and efficiency improvements that reduce emissions of carbon dioxide, methane and other GHGs. Advanced resource development includes gas and oil drilling, coal-bed methane recovery and underground coal gasification.

To read a fact sheet on the draft solicitation, click here.

Read more emissions and environment news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...