Category: IRA
-
Cellulosic tax credit
Agency: Department of the Treasury Description: $1.01/gallon tax credit for production of cellulosic based biofuel. Bill Section: 13202 US Code: 26 USC 40 New or Existing: Existing Potential Cost: $540,000,000 Timeline: Calendar years 2022-2024 (2022 is retroactive). Cost projection is for FY23-25. TCS Notes: The cellulosic biofuel industry was intended to…
-
Powering Affordable Clean Energy (PACE) program
Agency: Department of Agriculture-Rural Utilities Service Description: To provide partially forgivable loans to renewable-energy developers and electric service providers, including municipals, cooperatives, and investor-owned and Tribal utilities, to help finance large-scale solar, wind, geothermal, biomass, hydropower projects and energy storage in support of renewable energy systems. Projects must be based on bankable power purchase…
-
Grants to Facilitate the Siting of Interstate Electricity Transmission Lines
Agency: Department of Energy – Grid Deployment Office Description: For grants to State, local, or Tribal governments to study the impacts of a high-voltage interstate or offshore electricity transmission line; study alternate locations for the project; participate in regulatory proceedings or negotiations; carry out other actions to support the speedy approval of the project;…
-
Transmission Facility Financing
Agency: Department of Energy – Grid Deployment Office Description: Loans “for the construction or modification of electric transmission facilities” in the national interest. Bill Section: 50151 US Code: 42 USC 18715 New or Existing: New Potential Cost: $2,030,000,000 Timeline: FY22-30 TCS Notes: To be eligible for a direct loan, a transmission…
-
Advanced Technology Vehicles Manufacturing (ATVM) Loan Program
Agency: Department of Energy – Loan Programs Office Description: Credit subsidies to support loans for “reequipping, expanding, or establishing a manufacturing facility… to produce, or for engineering integration… of, advanced technology vehicles” that emit low or zero exhaust greenhouse gas emissions. Bill Section: 50142 US Code: 42 USC 17013 New or Existing: Existing Potential…
-
DOE Loan Guarantee Program
Agency: Department of Energy – Loan Programs Office Description: For costs of loan guarantees made under section 1703 of the Energy Policy Act of 2005, including administrative expenses. Up to $40 billion of loan authority available. For projects that (1) avoid, reduce, utilize, or sequester air pollutants or anthropogenic emissions of greenhouse gases; and…
-
Energy Infrastructure Reinvestment (EIR)
Agency: Department of Energy – Loan Programs Office Description: Loan guarantees through DOE’s Loan Programs Office via a separate sub-program for projects that retool, repower, repurpose, or replace energy infrastructure that has ceased operations; or enable operating energy infrastructure to avoid, reduce, utilize, or sequester air pollutants or anthropogenic emissions of greenhouse gases. Bill…
-
Tribal Energy Loan Guarantee Program
Agency: Department of Energy – Loan Programs Office Description: To provide loan guarantees for the unpaid principal and interest due on any loan made to an Indian tribe or a tribal energy development organization for energy development. Bill Section: 50145 US Code: 25 USC 3502(c) New or Existing: Existing Potential Cost: $75,000,000 Timeline:…
-
Advanced Industrial Facilities Deployment Program
Agency: Department of Energy – Office of Clean Energy Demonstrations Description: Financial assistance to nonpower industrial or manufacturing facilities engaged in energy intensive industrial processes to purchase, install, or do other activities to implement advanced industrial technology designed to reduce greenhouse gas emissions. Bill Section: 50161 US Code: 42 USC 17113a New or Existing:…
-
Conservation Technical Assistance: Natural Resources Conservation Service
Agency: Department of Agriculture-Natural Resources Conservation Service Description: Conservation technical assistance through the Natural Resources Conservation Service (NRCS) at the U.S. Department of Agriculture. Bill Section: 21002(a)(1) US Code: 7 USC 6936 New or Existing: Existing Potential Cost: $1,000,000,000 Timeline: FY22-31 TCS Notes: Conservation technical assistance allows NRCS to work with…
