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How the Department of Energy’s Loan Programs Office Hopes to Transform the Energy Sector
After a decade in which it closed on loans for only one new project, the Department of Energy’s Loan Programs Office (LPO) is now set to become a centerpiece of the Biden Administration’s plans to transform the energy sector. With over $40 billion in loan authority and a broad mandate to provide guarantees and loans in multiple sectors, the LPO is actively seeking new projects – and issued its first conditional guarantee in December 2021. At the same time, there remains skepticism from some policymakers about the need for this government program, as well as from businesses about the costs and timetable for securing a commitment.

Please join ConservAmerica on March 3, 2022, at 11 AM ET for a discussion with LPO Director Jigar Shah. Jigar will provide an update on LPO’s activities and priorities as well as explain how the LPO fits into DOE’s overall efforts to accelerate and commercialize breakthrough technologies. We will also hear from Rob Hanson, the CEO of Monolith, which is the Nebraska company that received the December conditional loan commitment for its clean hydrogen and industrial decarbonization project.

The discussion will be moderated by ConservAmerica president Jeff Kupfer.

01:06:00

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