FOCUS: UNCONVENTIONAL OIL & GAS: Loan guarantee program expands to support advanced fossil energy research

08/05/2013
Tayvis Dunnahoe Special Projects* In July, the US Department of Energy announced a draft loan guarantee solicitation offering $8 billion for innovative and advanced fossil energy projects and facilities that substantially reduce greenhouse gas (GHG) emissions and other air pollutants. According to Bill Gibbons, DOE press secretary, the draft solicitation is awaiting stakeholder feedback prior to establishing final parameters for the loan guarantee program. DOE expects to receive comments from industry and the public until early September. The Advanced Fossil Energy Projects solicitation is authorized by Title XVII of the Energy Policy Act of 2005 (EPACT) through Section 1703 of the Loan G...
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