148 Energy Project Financing: Resources and Strategies for Success
Title V Energy Savings in Government and Public Institutions
- Promotes energy savings performance contracting in the federal
government and provides flexible financing and training of federal
contract officers. - Promotes the purchase of energy efficient products and procure-
ment of alternative fuels with lower carbon emissions for the
federal government. - Reauthorizes state energy grants for renewable energy and energy
efficiency technologies through 2012. - Establishes an energy and environmental block grant program to
be used for seed money for innovative local best practices.
Title VI Alternative Research and Development
- Authorizes research and development to expand the use of geo-
thermal energy. - Improves the cost and effectiveness of thermal energy storage
technologies that could improve the operation of concentrating
solar power electric generation plants. - Promotes research and development of technologies that produce
electricity from waves, tides, currents, and ocean thermal differ-
ences. - Authorizes a development program on energy storage systems
for electric drive vehicles, stationary applications, and electricity
transmission and distribution.
Title VII Carbon Capture and Sequestration
- Provides grants to demonstrate technologies to capture carbon
dioxide from industrial sources. - Authorizes a nationwide assessment of geological formations ca-
pable of sequestering carbon dioxide underground.
Title VIII Improved Management of Energy Policy
- Creates a 50% matching grants program for constructing small
renewable energy projects that will have an electrical generation
capacity less than 15 megawatts.