DOE to hold meetings on possible $8bn fossil solicitation

The U.S. Department of Energy will hold public meetings in July and August to receive comments on a draft solicitation for the Federal Loan Guarantees for Advanced Fossil Energy Projects program.

The public meetings will be held July 31, Aug. 14 and Aug. 27 at DOE’s Forrestal Building in Washington, DC.

DOE said in a notice to be published in the July 23 Federal Register that it is considering a potential future solicitation announcement for Federal Loan Guarantees for Advanced Fossil Energy Projects. Should DOE choose to proceed with this solicitation, applicants would be invited to apply for loan guarantees from DOE to finance projects and facilities located in the United States that employ innovative and advanced fossil energy technologies.

DOE may make up to $8bn in loan guarantee authority available under the proposed solicitation. It is considering including in any potential future solicitation projects or facilities that:

  • avoid, reduce, or sequester air pollutants or anthropogenic emission of greenhouse gases;
  • employ New or Significantly Improved Technology as compared to Commercial Technology in service in the U.S. at the time the Term Sheet is issued; and
  • use advanced fossil energy technology and are described in one or more of the following technology areas: (a) advanced resource development, (b) carbon capture, (c) low-carbon power systems, or (d) efficiency improvements.

DOE said it is assuming that the scope of any potential solicitation would be broad. All fossil fuels – including coal, natural gas, oil, shale gas, oil gas, coal bed methane, methane hydrates, and others – may be included. DOE is considering including both electrical and non-electrical fossil energy use.

While comments are sought on all aspects of the draft solicitation, DOE said it is particularly interested in comments on the weighting percentage allocated to each category for evaluations (Programmatic, Technical, Policy, and Financial), and the categories themselves.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.