Nate Dimelfi
Nate Dimelfi serves as a Senior Research Analyst for McAllister and Quinn’s Advanced Technology practice. He assists with business development initiatives for prospective clients, writing memos, and fulfills other needs of the Advanced Technology project managers, directors, executives, and clients.
Energy Dominance Financing Amendments
Today, The Department of Energy’s Loan Programs Office (LPO) provided public clarity on changes to it’s authority and loan and loan guarantee funding priorities in an updated rule titled, Energy Dominance Financing Amendments.
The proposed amendment breaks down the impacts made by H.R.1 – One Big Beautiful Bill Act (H.R.1), specifically to Title VII which gives the Department of Energy (DOE) the authority to guarantee loans for energy projects, and Section 1706 (1706) which generally supports projects that upgrade, replace, or build new, energy infrastructure or facilities that increase grid capacity or resiliency. H.R.1 authorizes the Secretary of Energy to guarantee loans totaling $250 billion over the next three years for eligible projects under the amended 1706 now referred to as the “Energy Dominance Financing Program.”
Under the amendment, 1706 would continue to support the above general program goals of increasing grid capacity and infrastructure reliability but shifts away from the Biden administration’s clean energy and emission reduction priorities for 1706 projects. Eligible projects under the “Energy Dominance Financing Program,” include but are not limited to:
- Generation Facilities (New or Retrofit Existing): Nuclear, Coal, Oil, Gas, Geothermal, and Hydropower
- Non-energy Facilities: Critical Materials and Minerals Production and/or Processing, Grid Resilience Technology, Distributed Energy, and/or Energy Storage, New Manufacturing Facilities for Energy Products or Services
- Transmission / Energy-related Infrastructure (Upgrade or Retrofit): Transmission Lines, Oil and Gas Pipelines
Looking for Assistance Compiling a Loan Programs Office Application?
McAllister and Quinn’s expert grant’s team of experts are well-versed in supporting proposals to offices across the Department of Energy (DOE) including LPO. If you have questions about the process of applying for a federal loan, or require specific support with your application package, we can help. Contact us today for a free consultation.