Appropriations (1 - 10 of 70 items)
Department of Energy: Status of Loan Programs
GAO-13-331R: Published: Mar 15, 2013. Publicly Released: Mar 15, 2013.
As of January 29, 2013, Department of Energy (DOE) was considering using $15.1 billion of the $34.8 billion in remaining loan guarantee authority for loan guarantees requested by 13 active Loan Guarantee Program (LGP) applications. According to DOE officials, the agency planned to use all of the remaining $170 million in credit subsidy appropriations to support active applications for energy effic...
DOE Loan Guarantees: Further Actions Are Needed to Improve Tracking and Review of Applications
GAO-12-157: Published: Mar 12, 2012. Publicly Released: Mar 12, 2012.
The Department of Energy (DOE) has made $15 billion in loan guarantees and conditionally committed to an additional $15 billion, but the program does not have the consolidated data on application status needed to facilitate efficient management and program oversight. For the 460 applications to the Loan Guarantee Program (LGP), DOE has made loan guarantees for 7 percent and committed to an additio...
Recovery Act: Progress and Challenges in Spending Weatherization Funds
GAO-12-195: Published: Dec 16, 2011. Publicly Released: Dec 16, 2011.
As of September 2011, the 58 state-level grant recipients were awarded approximately $4.75 billion from DOE to implement the Weatherization Assistance Program under the Recovery Act and reported spending about $3.46 billion (about 73 percent). DOE expects to meet or exceed its production target of 607,000 homes and spend most of the acts funds because some recipients have been able to exceed...
Modernizing the Nuclear Security Enterprise: The National Nuclear Security Administration's Proposed Acquisition Strategy Needs Further Clarification and Assessment
GAO-11-848: Published: Sep 20, 2011. Publicly Released: Sep 20, 2011.
The National Nuclear Security Administration (NNSA)--a semiautonomous agency within the Department of Energy (DOE)-- proposed in March 2010 a new acquisition strategy that includes consolidating the management and operating (M&O) contracts for two of its eight sites--the Y-12 National Security Complex (Y-12) in Tennessee and the Pantex Plant in Texas--and consolidating all construction projects fo...
Department of Energy: Further Actions Are Needed to Improve DOE's Ability to Evaluate and Implement the Loan Guarantee Program
GAO-10-627: Published: Jul 12, 2010. Publicly Released: Jul 12, 2010.
Since the Department of Energy's (DOE) loan guarantee program (LGP) for innovative energy projects was established in Title XVII of the Energy Policy Act of 2005, its scope has expanded both in the types of projects it can support and in the amount of loan guarantee authority available. DOE currently has loan guarantee authority estimated at about $77 billion and is seeking additional authority. A...
Nuclear Waste: Action Needed to Improve Accountability and Management of DOE's Major Cleanup Projects
GAO-08-1081: Published: Sep 26, 2008. Publicly Released: Sep 26, 2008.
The Department of Energy (DOE) spends billions of dollars annually to clean up nuclear wastes at sites that produced nuclear weapons. Cleanup projects decontaminate and demolish buildings, remove and dispose of contaminated soil, treat contaminated groundwater, and stabilize and dispose of solid and liquid radioactive wastes. Ten of these projects meet or nearly meet DOE's definition of major: cos...
Department of Energy: New Loan Guarantee Program Should Complete Activities Necessary for Effective and Accountable Program Management
GAO-08-750: Published: Jul 7, 2008. Publicly Released: Jul 7, 2008.
Title XVII of the Energy Policy Act of 2005 established DOE's loan guarantee program (LGP) for innovative energy projects that should decrease air pollutants or greenhouse gases and that have a reasonable prospect of repayment. For fiscal years 2008 and 2009, Congress authorized the use of borrower fees to pay the costs of loan guarantees through Title XVII's "borrower pays" option, under which DO...
Fusion Energy: Definitive Cost Estimates for U.S. Contributions to an International Experimental Reactor and Better Coordinated DOE Research Are Needed
GAO-08-30: Published: Oct 26, 2007. Publicly Released: Oct 26, 2007.
The United States is pursuing two paths to fusion energy--magnetic and inertial. On November 21, 2006, the United States signed an agreement with five countries and the European Union to build and operate the International Thermonuclear Experimental Reactor (ITER) in Cadarache, France, to demonstrate the feasibility of magnetic fusion energy. The United States also built and operates facilities to...
The Department of Energy: Key Steps Needed to Help Ensure the Success of the New Loan Guarantee Program for Innovative Technologies by Better Managing Its Financial Risk
GAO-07-339R: Published: Feb 28, 2007. Publicly Released: Feb 28, 2007.
In May 2006, the Department of Energy (DOE) proposed transferring appropriations from some DOE accounts to begin a new loan guarantee program (LGP) authorized by the Energy Policy Act of 2005 (EPAct 05). Title XVII of EPAct 05--Incentives for Innovative Technologies--authorized the LGP to guarantee loans for projects intended to (1) decrease air pollutants or man-made greenhouse gases by reducing...
Department of Energy: Additional Opportunities Exist for Reducing Laboratory Contractors' Support Costs
GAO-05-897: Published: Sep 9, 2005. Publicly Released: Oct 11, 2005.
In fiscal year 2004, about two-thirds of the Department of Energy's (DOE) $26.9 billion in spending went to 28 major facilities--laboratories, production and test facilities, and nuclear waste cleanup and storage facilities. DOE spent about $2.9 billion in fiscal year 2004 to support the mission of its five largest laboratories. GAO was asked to examine (1) recent trends in indirect and functional...