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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.

Energy Efficiency

United States. Congress. Senate. Committee on Finance. Subcommittee on Energy, Natural Resources, and Infrastructure

Published: 2007

Total Pages: 100


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This resource describes the thought behind a smart-grid system and the move away from a centralized, producer-controlled network to one that is less centralized and more consumer-interactive.
Part of the government series on energy, from TheCapitol.Net, this text discusses the nuclear energy issues facing Congress including federal incentives for new commercial reactors, radioactive waste management policy, research and development priorities, power plant safety and regulation, nuclear weapons proliferation, and security against terrorist attacks.