Sponsored by the Energy Thematic Group
The recent US Inflation Reduction Act, Bipartisan Infrastructure Law, and CHIPS and Science Act have established a new framework for an American clean energy industrial strategy. The U.S. Department of Energy Loan Programs Office (LPO) has an important role to play in enabling this strategy, accelerating private sector investment in high-impact energy infrastructure projects that advance America’s energy and economic future – with, currently, 157 active applications seeking nearly $140 billion in loan proceeds as of July ’23. The focus of this talk will be on the role of LPO in enabling capital formation across critical renewable technologies and sectors on the path to commercial liftoff. The talk will also provide insights applicable for developing countries pursuing similar goals.
Speakers:
- Jonah Wagner is the Chief Strategist at the U.S. Department of Energy (DOE) Loan Programs Office, where he focuses on BIL and IRA implementation and defining pathways to scale for clean energy technologies. Prior to DOE, Mr. Wagner was an Associate Partner at McKinsey & Company in the public finance practice, and he worked for the New Zealand Treasury on infrastructure and environmental policy. Mr. Wagner has an A.B. from Princeton University and an MBA from Harvard Business School, and he is based in Washington, D.C.
- Ramsey Fahs is a policy advisor and contractor at the Department of Energy supporting the Loan Programs Office and the new Office of Clean Energy Demonstrations. Prior to DOE, Ramsey was a consultant at McKinsey & Company focused on clean energy and decarbonization projects.
Moderator: Charles ‘Chas’ Feinstein, co-Chair, Energy Thematic Group
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