Department of Energy Releases Draft Advanced Fossil Energy Solicitation to Support Reductions in Greenhouse Gas Pollution
August 15, 2013
As part of President Obama’s Climate Action Plan, the U.S. Department of Energy recently announced a draft loan guarantee solicitation for innovative and advanced fossil energy projects and facilities that substantially reduce greenhouse gas and other air pollution. The Advanced Fossil Energy Projects draft solicitation released through the Loan Guarantee Program will be open for comments from industry, stakeholders, and the public until early September. The solicitation will support new or significantly improved advanced fossil energy projects and facilities – such as advanced resource development, carbon capture, low-carbon power systems, and efficiency improvements – that reduce emissions of carbon dioxide, methane, and other greenhouse gas pollution. Fuel cells are also included in the draft solicitation and feedback on potential opportunities or topics of relevance to the fuel cell industry are requested. The Energy Department will make available up to $8 billion in loan guarantee authority through this solicitation.