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DOE Loan Programs Office
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IN THIS ISSUE:
...and more updates below from the U.S. DOE Loan Programs Office!
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In his final official website post, Director Jigar Shah looks back at 2024 and the recent years of progress for the DOE Loan Programs Office, listing key accomplishments, assessing the state of the current U.S. energy economy, and detailing how DOE and the private sector are poised to build on current momentum to advance U.S. energy leadership in 2025 and beyond. Read the full article for more details.
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The U.S. Department of Energy (DOE) this week released another update to its Pathways to Commercial Liftoff report series, this time an update to the Clean Hydrogen report, which was first released in March 2023 at the outset of the Liftoff reports effort. The new update catalogues market changes since the original report, showing that the U.S. clean hydrogen market remains poised for rapid growth, accelerated by historic commitments to America’s clean energy economy.
Read the full announcement, see the Clean Hydrogen report summary page and download the full report update for more!
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The U.S. Department of Energy (DOE) this week released a brand new Pathways to Commercial Liftoff report, focusing this time on Geothermal Heating & Cooling. Both Geothermal Heat Pumps (GHPs) and Thermal Energy Networks (TENs) are transformative technologies that are highly efficient, versatile in their deployment, and provide solutions for many ongoing problems facing America’s built infrastructure. This new report digs into why geothermal heating and cooling technologies represent important but underutilized solutions for supporting a more resilient, efficient, and affordable national energy system, as well as reducing emission from buildings.
Watch this week's Geothermal Heating & Cooling report webinar, read the report summary page, and download the full report for more!
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The U.S. Department of Energy (DOE) this week released an update to another report in the Pathways to Commercial Liftoff report series—an update to its original Virtual Power Plants report, first published in September 2023. Virtual Power Plants (VPPs) are solutions that can be deployed at scale in a short timeframe to maximize the use and value of existing grid infrastructure, minimize costs to ratepayers, and ensure a resilient, reliable, and secure grid for all.
Since the publication of the original VPPs Liftoff report, there has been rising interest in VPPs and increased VPP deployments, but the pace of deployment still needs to accelerate. Among other insights, this report update finds that deploying 80-160 GW of VPPs (enough to serve 10-20% of peak load) by 2030 could support rapid load growth while reducing overall grid costs.
Watch this week's Virtual Power Plants report update webinar, read the report summary page, and download the full report for more!
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The Energy Act of 2020 and the Inflation Reduction Act (IRA) of 2022 directed LPO to engage in outreach activities through conferences and online programs to disseminate information about its programs. Below is an overview of major upcoming events. See LPO's full events calendar at: Energy.gov/LPO/Events to browse events where LPO staff and leadership will be in attendance.
Recent Events
None.
Major Upcoming Events
Infocast Projects & Money • 27-29 Jan 2025 • New Orleans, LA
Seminole Tribe of Florida Renewable Energy & Sustainability 7th Annual Conference • 27-29 Jan 2025 • Hollywood, FL
BNEF Summit: San Francisco • 4-5 Feb 2025 • San Francisco, CA
PowerGen International • 11-13 Feb 2025 • Dallas, TX
NAATBatt 2025 Annual Meeting and Conference • 17-19 Feb 2025 • Orlando, FL
NARUC Winter Policy Summit • 23-26 Feb 2025 • Washington, DC
Intersolar 2025 • 25-27 Feb 2025 • San Diego, CA
DecarbConnect • 25-27 Feb 2025 • Houston, TX
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Subscribe to LPO's monthly email newsletter to stay up to date with the latest from the U.S. Department of Energy Loan Programs Office, including announcements about our financing programs, news about our portfolio projects, and ways to engage with our team about your project!
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