It works by providing an interest rate reduction on an LPO loan as milestones are achieved on time. Projects that qualify for ACTION will automatically qualify for support from LPO.
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The scalable program can support enough projects to reach commercial scale and is technology-neutral. The goal is to support 20 GW of projects by 2035. This value is sufficient for at least three technologies to move down the learning curve, reduce costs, and reach cost certainty
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A technology-neutral approach mitigates risks and costs for taxpayers by allowing for a diverse portfolio of designs, projects, and technologies while significantly lowering project costs for buyers, utilities, and developers of all sizes.
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The program efficiently uses government funds, maximizing the return on every dollar spent. Funds are transferred internally from DOE to the Treasury, without direct outlays to the private sector.
jul 17, 2025, 6:43 pm • 0 0 • view
Extensive sensitivity analysis shows that the program is robust to many potential variables. These include the timing of milestones relative to capital outlays, project cost, and even missed milestones.
jul 17, 2025, 6:43 pm • 0 0 • view