1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Department of Energy Loan Programs: Title XVII Innovative Technology Loan Guarantees Updated December 9, 2020 The Department of Energys (DOEs) Loan Programs Office (LPO) manages the Title XVII Innovative Technology Loan Gu
2、arantee Program, the focus of this Insight, and the Tribal Energy Loan Guarantee Program (TELGP), the focus of a companion CRS Insight. Table 1 provides a high-level comparison of these programs. LPO also manages the Advanced Technology Vehicles Manufacturing (ATVM) direct loan program. Established
3、by the Energy Policy Act of 2005 (EPACT05 Title XVII, P.L. 109-58), as amended in 2009 (Sec 406, P.L. 111-5), the Title XVII program has supported projects under two separate loan guarantee authorities with different characteristics (see Table 1). 1. Section 1703 authority is currently active and to
4、 date has committed funds to one project, and, 2. Section 1705 authority expired in September 2011 and committed funds to 28 projects. As with all federal credit programs, Title XVII requires that a subsidy cost be paidthrough appropriations and/or payment by the borrowerprior to finalizing a loan g
