Geothermal energy research, development, demonstration, and production; Federal guarantees on loans

Journal Article · Wed May 26 04:00:00 EDT 1976 · Fed. Regist. (Wash., D.C.); (United States)

OSTI ID:7321570

Seamans, Jr, R C

On October 28, 1975, the Energy Research and Development Administration published a proposed regulation concerned with enabling lenders to obtain Federal guarantees on loans to qualified borrowers for purposes related to the commercial development of practical means to produce electric power and other forms of useful energy from geothermal resources in an environmentally acceptable manner. The objectives of the Federal geothermal loan guaranty program are: (a) to encourage and assist the private and public sectors to accelerate development of geothermal resources with environmentally acceptable processes by enabling the Administrator of the Energy Research and Development Administration, in the exercise of reasonable judgment, to minimize a lender's financial risk that is associated with the introduction of new geothermal resources and technology; and, (b) to develop normal borrower-lender relationships which will in time encourage the flow of credit so as to assist in the development of geothermal resources without the need for Federal assistance. The regulation became effective June 25, 1976. (MCW)

• OSTI ID: 7321570
• Journal Information: Fed. Regist. (Wash., D.C.); (United States), Journal Name: Fed. Regist. (Wash., D.C.); (United States) Vol. 41:103; ISSN FEREA
• Country of Publication: United States
• Language: English

Related Subjects

15 GEOTHERMAL ENERGY
150400* -- Geothermal Energy-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
299002 -- Energy Planning & Policy-- Geothermal-- (-1989)
CAPITAL
COMMERCIALIZATION
CONVERSION
ECONOMICS
ENERGY CONVERSION
ENVIRONMENTAL EFFECTS
FINANCING
GEOTHERMAL ENERGY CONVERSION
GEOTHERMAL RESOURCES
INVESTMENT
LAWS
LEGAL ASPECTS
REGULATIONS
RESEARCH PROGRAMS
RESOURCES