Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.


  • ORIGINAL REPORTING: The Big Bonus From Plugging Cars In
  • ORIGINAL REPORTING: What About Nuclear?
  • ORIGINAL REPORTING: A Renewables Mandate To Beat The Peak

  • TODAY’S STUDY: Global New Energy Now
  • QUICK NEWS, June 20: What Power Mix Will Beat Climate Change (Part 1)?; What Power Mix Will Beat Climate Change (Part 2)?; New Energy Is NO Threat To U.S, Grid

  • TODAY’S STUDY: Why The U.S. Needs A Western Energy Market
  • QUICK NEWS, June 19: More Artists Join The Climate Fight; U.S. Power Just Hit 10% Wind And Solar; The Dangers Of Oil And Gas Drilling, Detailed

  • Weekend Video: Bill Maher Talks Jobs In Coal And The Real Problem
  • Weekend Video: A Farmer Defends WindPower
  • Weekend Video: The Secret To EV Success Is Charging Stations


  • TTTA Thursday-Climate Change Stops Climate Study
  • TTTA Thursday-Survey Shows Millennials Back New Energy Boom
  • TTTA Thursday-Drinking Water From The Sun
  • TTTA Thursday-Ocean Wind Unites Hard Hats And Greens

  • ORIGINAL REPORTING: The Debates About Solar Get Bigger, More Interesting
  • ORIGINAL REPORTING: Wind And Solar Sidestep Politics
  • ORIGINAL REPORTING: Utilities Respond To Customer Demand For Distributed Energy
  • --------------------------


    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews


    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns


    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart




      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.


    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------

  • What Does Exxon’s Carbon Tax Mean?
  • The Rump Flails Factlessly At Wind
  • New Energy To Get Bigger And Cheaper
  • EVs To Be Cost-Competitive By 2025

    Tuesday, November 25, 2014


    Investing In American Energy

    November 2014 (Loan Programs Office)

    Bridging The Clean Energy Financing Gap

    LPO issues loans and loan guarantees to finance deployment of innovative energy projects and advanced technology vehicle manufacturing facilities in the United States. These projects and facilities are critical to moving the United States towards a clean energy future where it is a global leader in clean energy technology, which will create economic opportunities and address the threat of climate change.

    Commercial banks and bondholders are often unwilling to finance the first few commercial-scale projects that use a new technology since there is not yet a history of credit performance or operation. As a result, the initial commercial deployment of new energy technology is often limited by a project developer’s inability to secure su cient long-term debt financing to build the project.

    LPO was established to fill this critical role in the marketplace by financing the first deployments of a new technology to bridge the gap for commercial lenders. Once the technology is proven at commercial scale through the first few projects, the Department of Energy (DOE) stops providing financing and lets the private market take over.

    An Overview Of The LPO Portfolio

    LPO works with the private markets to help deploy innovative clean energy technology and advanced technology vehicle manufacturing facilities. Every transaction supported by LPO is a public-private undertaking. While DOE issues loans and loan guarantees to provide the necessary debt financing for these projects, the project sponsor must provide significant project-level equity investments.

    Equity invested from private sources must represent at least 20% of the total cost of every project, and usually represents more. DOE will not issue a loan or loan guarantee until substantial private equity support is committed.

    LPO manages a portfolio comprising more than $30 billion of loans, loan guarantees, and conditional commitments covering more than 30 projects. These projects include some of the world’s most innovative and largest solar, wind, geothermal, biofuel, and nuclear facilities, as well as advanced technology vehicle manufacturing facilities in six states producing some of America’s best-selling vehicles. Overall, these loans and loan guarantees have resulted in more than $50 billion in total project investment.

    Today, 20 projects supported by LPO are operational and generating revenue. These projects currently produce enough clean energy to power more than 1 million American homes (roughly the size of Chicago), have supported the manufacturing of more than 8 million fuel-e cient vehicles, and have avoided carbon pollution equivalent to taking more than 3 million cars on the road.

    Protecting Taxpayers And Delivering Results: The Strong Performance Of The LPO Portfolio

    LPO was created to help finance innovation, which involves a degree of technology risk, so it structures its loans to protect taxpayer interests. For each transaction, LPO’s team of financial, technical, environmental and legal professionals conducts rigorous due diligence that is comparable to, if not more stringent than, what is done in the private sector.

    The loans and loan guarantees issued by LPO are all structured to be fully repaid with interest over the term of the loan. Each project in the portfolio must begin repaying the principal and interest on its loan around the time it reaches completion. As many of LPO’s projects reached completion in the past two years, project revenues are being used to repay the loans.

    As of September 2014, LPO-financed projects have already repaid nearly $3.5 billion of principal, as well as more than $810 million in interest payments to the U.S. Treasury, which issued the loans guaranteed by DOE through the Federal Financing Bank. These amounts will continue to increase as the loans are repaid over the coming years.

    Also, LPO estimates that project borrowers, based upon the amount disbursed to date, will make more than $5 billion in interest payments to the U.S. Treasury over the full term of the notes. Nevertheless, the risk of loss exists in any lending or investment activity and the performance of any financial portfolio is dynamic, as outstanding loans are repaid and new loans are issued. LPO manages this risk through thorough due diligence, underwriting, and portfolio monitoring, which has resulted in strong portfolio performance to date.

    In the five years since LPO began financing projects, actual and estimated loan losses to the portfolio are less than $780 million or approximately 2% of the program’s loans, loan guarantees, and conditional commitments and less than 3.6% of the total funds disbursed to date.

    With these actions, LPO is achieving its mission of accelerating the deployment of advanced energy technology, while protecting taxpayer interests.


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