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WASHINGTON, DC – The U.S. Department of Energy (DOE) today announced it has received 19 Part I applications from 17 electric power companies for federal loan guarantees to support the construction of 14 nuclear power plants in response to its June 30, 2008 solicitation. The applications reflect the intentions of those companies to build 21 new reactors, with some applications covering two reactors at the same site. All five reactor designs that have been certified, or are currently under review for possible certification, by the Nuclear Regulatory Commission (NRC) are represented in the Part I applications. DOE also has received Part I applications from two companies for federal loan guarantees to support two different Front-End Nuclear Facility Projects.   more>

WASHINGTON, DC – The U.S. Department of Energy (DOE) today announced a solicitation for up to $8.0 billion in federal loan guarantees for projects that employ advanced technologies that avoid, reduce or sequester emissions of air pollutants or greenhouse gases in the area of coal-based power generation, industrial gasification, and advanced coal gasification facilities. This marks the third round of solicitations for DOE’s Loan Guarantee Program, which encourages the commercial use of new or significantly improved energy technologies and is an important step in paving the way for clean energy projects.      more>

September 2008 Solicitation
(Fossil Energy Advanced Technologies)

WASHINGTON, DC – The U.S. Department of Energy (DOE) today announced three solicitations for a total of up to $30.5 billion in federal loan guarantees for projects that employ advanced energy technologies and that avoid, reduce or sequester anthropogenic emissions of air pollutants or greenhouse gases. The three solicitations are in the areas of energy efficiency, renewable energy and advanced transmission and distribution technologies; advanced nuclear power facilities; and advanced nuclear facilities for the 'front-end' of the nuclear fuel cycle. This marks the second round of solicitations for DOE's Loan Guarantee Program, which encourages the commercial use of new or significantly improved energy technologies, and is a important step in paving the way for clean energy projects.      more>

June 2008 Solicitations

WASHINGTON, DC – The U.S. Department of Energy (DOE) announced plans to issue loan guarantee solicitations in two stages this summer for up to $38.5 billion for projects that employ advanced technologies that avoid, reduce or sequester emissions of air pollutants and greenhouse gases. This will mark the second and third rounds of solicitations for DOE's Loan Guarantee program, which encourages the development of new energy technologies and is an important step in paving the way for clean energy projects.      more>

2008 Omnibus Appropriations Bill

2008 Omnibus Appropriations Bill Report Language

In 2008, Congress authorized $38.5 billion in loan guarantee authority for innovative energy projects. Of the total provided, $18.5 billion is set aside for nuclear power facilities, $2 billion for advanced nuclear facilities for the "Front-end" of the nuclear fuel cycle, $10 Billion for renewable and/or energy efficient systems and manufacturing and distributed energy generation/transmission and distribution, $6 billion for coal-based power generation and industrial gasification at retrofitted and new facilities that incorporate carbon capture and sequestration or other beneficial uses of carbon and $2 billion for advanced coal gasification.

Excerpt from 2008 Omnibus Appropriations Act

WASHINGTON, DC – U.S. Secretary of Energy Samuel W. Bodman today announced President Bush’s $25 billion Fiscal Year (FY) 2009 budget request for the Department of Energy (DOE), an increase of $1.073 billion over the FY 2008 appropriation.     more>

WASHINGTON, DC – Secretary of Energy Samuel W. Bodman today announced that the Department of Energy (DOE) has issued the final regulations for the loan guarantee program authorized by Title XVII of the Energy Policy Act of 2005 (EPAct).   more>

On May 16, 2007, the Department of Energy (DOE or the Department) published a Notice of Proposed Rulemaking and opportunity for comment (NOPR) to establish regulations for the loan guarantee program authorized by Title XVII of the Energy Policy Act of 2005 (Title XVII or the Act).    more>

Please contact the Loan Guarantee Program Office if you have questions.