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ARTICLE · 05 APRIL 2021

DOE Loan Programs Update: New Leadership And Potential Legislative Expansions

Holland & Knight
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The authorities that exist within the U.S. Department of Energy's (DOE) Loan Programs Office (LPO) can be used by the Biden Administration to spearhead the commercial deployment...

United StatesEnergy and Natural Resources
Taite McDonald
Taite McDonald
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Highlights

  • The authorities that exist within the U.S. Department of Energy's (DOE) Loan Programs Office (LPO) can be used by the Biden Administration to spearhead the commercial deployment of the innovative energy technologies and advanced manufacturing necessary for the United States to achieve net-zero carbon emissions by 2050.
  • The LPO arguably possesses the most authority available to the Biden Administration to achieve climate-related initiatives without action from Congress, but to successfully utilize the authority and deploy loans, strong leadership from the administration's new LPO executive director, Jigar Shah, is critical.
  • The DOE loan programs represent the best and often the only way for innovative technologies, as well as emerging and existing American manufacturers, to cross the barrier from development to deployment of new and improved technologies, but additional guidance from Congress may prove necessary.

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