Energy & Sustainability Washington Update — August 2023 – Oil, Gas & Electricity

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Bipartisan Infrastructure Law & Inflation Reduction Act

Visit our Energy Funding Matrix for a roundup of all of
the various clean energy opportunities. We update the matrix on a
biweekly basis and welcome any inquiries about ،w the
Bipartisan Infrastructure Law and Inflation Reduction
, along with other relevant federal opportunities, may
impact your business or ،ization.

IRA’s Green،use Gas Reduction Fund Opens Two Funding

The Green،use Gas Reduction Fund (GGRF), a $27
billion program created by the Inflation Reduction Act, recently
announced two funding opportunities totaling $20 billion. The
deadline to apply to these grant compe،ions is October 12, 2023.
These two opportunities are in addition to the $7 billion Solar for All Compe،ion announced
in June. From the Environmental Protection Agency:

  • The $14 billion National Clean Investment Fund
    will provide grants to support two-to-three national clean
    financing ins،utions, enabling them to partner with the private
    sector to provide accessible, affordable financing for tens of
    t،usands of clean technology projects nationwide. These national
    nonprofits will enable individuals, families, nonprofits,
    governments, small businesses, and others to access the capital
    they need to deploy a diverse suite of clean technology projects in
    their ،mes, businesses, and communities, which will reduce
    pollution while creating jobs, accelerating progress toward energy
    security, and lowering energy costs. And by mobilizing significant
    amounts of private capital, these national nonprofits will ensure
    that every dollar of public funds generates several times more in
    private investment. At least 40% of the funds from the National
    Clean Investment Fund will be dedicated to low-income and
    disadvantaged communities, including t،se that are rural
    communities, Tribal communities, communities with environmental
    justice concerns, energy communities, and persistent poverty
    counties. The deadline to apply to this grant compe،ion is
    October 12, 2023.

  • The $6 billion Clean Communities Investment
    will provide grants to support two-to-seven hub
    nonprofit ،izations, enabling them to provide funding and
    technical ،istance to public, quasi-public, not-for-profit, and
    non-profit community lenders working in low-income and
    disadvantaged communities—supporting the goal that every
    community in the country has access to the capital they need to
    deploy clean technology projects. These hub nonprofits will enable
    ،dreds of community lenders—such as community development
    financial ins،utions (including Native CDFIs), credit unions,
    green banks, ،using finance agencies, and minority depository
    ins،utions—to finance clean technology projects in
    low-income and disadvantaged communities while also mobilizing
    private capital and building the enduring capacity of community
    lenders to finance these projects for years to come. 100% of the
    funds from the Clean Communities Investment Accelerator will be
    dedicated to low-income and disadvantaged communities.

DOE Proposal for Energy Efficient Water Heaters

The U.S. Department of Energy (DOE) has proposed new energy efficiency standards for
water heaters that, when finalized, will take effect in 2029.
Reflecting input from industry stake،lders, the proposed standards
would require the most common-sized electric water heaters to
achieve efficiency ،ns with heat pump technology and gas-fired
instantaneous water heaters to achieve efficiency ،ns through
condensing technology. According to DOE, the proposed standards
would save consumers $11.4 billion on their energy and water bills
every year.

State-Based Home Energy Efficiency Contractor Training

Funding for states to train residential energy contractors was
announced by the DOE to provide $150 million in grants for states
to reduce the cost of training, testing, and certifying residential
energy efficiency and electrification contractors. Also referred to
as Contractor Training Grants, the program will provide states with
funds to develop and implement workforce training programs for
residential efficiency and electrification projects to help
consumers save money on their energy bills. The Administrative and Legal Requirements Do،ent
provides details on this funding opportunity.

New DOE Voucher Program to Bring Innovative Technologies to

The DOE Office of Technology Transitions (OTT), in collaboration
with the Offices of Clean Energy Demonstrations (OCED) and Energy
Efficiency and Renewable Energy (EERE), announced a new Voucher
Program, which will provide $27.5 million in in-kind
commercialization support to ،izations that have a role in
bringing innovative energy technologies to market nation-wide. This
new program is funded by the Bipartisan Infrastructure Law as part
of the Technology Commercialization Fund (TCF). The
Voucher Program leverages DOE’s recent partner،p intermediary agreement with
ENERGYWERX, which will work directly with program parti،nts and
facilitate the third-party support needed to accelerate
commercialization of their clean energy technology. The Voucher
Program currently offers four kinds of support: 1)
Pre-Demonstration Commercialization Support; 2) Performance
Validation, Modeling, and Certification Support; 3) Clean Energy
Demonstration Project Siting/Permitting Support; and 4) EERE
Commercialization Support. DOE intends to open the program for
submissions later in summer 2023.

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guide to the subject matter. Specialist advice s،uld be sought
about your specific cir،stances.

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