[Senate Hearing 118-310]
[From the U.S. Government Publishing Office]


                                                        S. Hrg. 118-310

               THE DEPARTMENT OF ENERGY'S DUE DILIGENCE 
                   PROCESS FOR AWARDING COMPETITIVE 
                   GRANTS AND LOANS FUNDED THROUGH THE 
                   INFLATION REDUCTION ACT AND THE BIPAR-
                   TISAN INFRASTRUCTURE LAW AND THE DE-
                   PARTMENT'S OVERALL INNOVATION INVEST-
                   MENT STRATEGY

=======================================================================

                                HEARING

                               BEFORE THE

                              COMMITTEE ON
                      ENERGY AND NATURAL RESOURCES
                          UNITED STATES SENATE

                    ONE HUNDRED EIGHTEENTH CONGRESS

                             FIRST SESSION

                               __________

                            OCTOBER 19, 2023

                               __________
                               
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                       Printed for the use of the
               Committee on Energy and Natural Resources

        Available via the World Wide Web: http://www.govinfo.gov
        
                               __________

                   U.S. GOVERNMENT PUBLISHING OFFICE                    
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               COMMITTEE ON ENERGY AND NATURAL RESOURCES

                JOE MANCHIN III, West Virginia, Chairman
                
RON WYDEN, Oregon                    JOHN BARRASSO, Wyoming
MARIA CANTWELL, Washington           JAMES E. RISCH, Idaho
BERNARD SANDERS, Vermont             MIKE LEE, Utah
MARTIN HEINRICH, New Mexico          STEVE DAINES, Montana
MAZIE K. HIRONO, Hawaii              LISA MURKOWSKI, Alaska
ANGUS S. KING, JR., Maine            JOHN HOEVEN, North Dakota
CATHERINE CORTEZ MASTO, Nevada       BILL CASSIDY, Louisiana
JOHN W. HICKENLOOPER, Colorado       CINDY HYDE-SMITH, Mississippi
ALEX PADILLA, California             JOSH HAWLEY, Missouri

                      Renae Black, Staff Director
                      Sam E. Fowler, Chief Counsel
                Zahava Urecki, Professional Staff Member
             Richard M. Russell, Republican Staff Director
              Justin J. Memmott, Republican Chief Counsel
           Derek Fisher, Republican Professional Staff Member
        Steve Eule, Republican Senior Professional Staff Member
                            
                            C O N T E N T S

                              ----------                              

                           OPENING STATEMENTS

                                                                   Page
Manchin III, Hon. Joe, Chairman and a U.S. Senator from West 
  Virginia.......................................................     1
Barrasso, Hon. John, Ranking Member and a U.S. Senator from 
  Wyoming........................................................     7

                               WITNESSES

Crane, Hon. David W., Under Secretary for Infrastructure, U.S. 
  Department of Energy...........................................     9
Shah, Jigar H., Director, Loan Programs Office, U.S. Department 
  of Energy......................................................    11
Donaldson, Hon. Teri L., Inspector General, U.S. Department of 
  Energy.........................................................    22

          ALPHABETICAL LISTING AND APPENDIX MATERIAL SUBMITTED

Barrasso, Hon. John:
    Opening Statement............................................     7
    Poster image of quote from Climatetech executive.............    42
    Washington Free Beacon article entitled ``Biden's Energy Loan 
      Czar Founded a Trade Association. Now It's Selling Access 
      to Him'' by Alana Goodman, published October 6, 2023.......    54
Crane, Hon. David W.:
    Opening Statement............................................     9
    Written Testimony............................................    12
    Responses to Questions for the Record........................    69
Donaldson, Hon. Teri L.:
    Opening Statement............................................    22
    Written Testimony............................................    24
    Responses to Questions for the Record........................   114
Manchin III, Hon. Joe:
    Opening Statement............................................     1
    Chart entitled ``Percentage of Awarded and Announced Loan/
      Loan Guarantee Funding from LPO Since 2009''...............     5
National Mining Association:
    Statement for the Record.....................................   117
Shah, Jigar H.:
    Opening Statement............................................    11
    Written Testimony............................................    12
    Responses to Questions for the Record........................    88

 
     THE DEPARTMENT OF ENERGY'S DUE DILIGENCE PROCESS FOR AWARDING 
COMPETITIVE GRANTS AND LOANS FUNDED THROUGH THE INFLATION REDUCTION ACT 
  AND THE BIPARTISAN INFRASTRUCTURE LAW AND THE DEPARTMENT'S OVERALL 
                     INNOVATION INVESTMENT STRATEGY

                              ----------                              


                       THURSDAY, OCTOBER 19, 2023

                                       U.S. Senate,
                 Committee on Energy and Natural Resources,
                                                    Washington, DC.
    The Committee met, pursuant to notice, at 10:00 a.m. in 
Room SD-366, Dirksen Senate Office Building, Hon. Joe Manchin 
III, Chairman of the Committee, presiding.

          OPENING STATEMENT OF HON. JOE MANCHIN III, 
                U.S. SENATOR FROM WEST VIRGINIA

    The Chairman. The Committee will come to order.
    First, let me welcome our newest member, Senator Alex 
Padilla from California. It's so good to have him, and so 
everyone knows the changes that were made, Senator Kelly was a 
tremendous asset for this Committee, but he had an opportunity, 
and I think it was a wise move from his standpoint, to be able 
to go on to Intel with his background, his training, and 
everything of that sort. So we lost one and gained one. So I 
think it's a pretty good swap. Anyway, Senator Padilla 
represents the largest number of Americans, and the second 
largest consumption of energy from his state. I know he will 
dive right in on so many important issues, including hydrogen, 
forestry, wilderness, western water, and other issues of 
importance to California that our late, great Senator Feinstein 
worked on diligently. We got an awful lot of input from her on 
this Committee, but also from all of you and we appreciate that 
so much.
    So with that, we will get started.
    I also want to briefly express, at the outset, my strong 
concerns about the news last night that our Administration has 
lifted most sanctions on Venezuelan oil for the next six 
months. On the heels of announcing the smallest five-year 
offshore oil and gas leasing plan in decades for the United 
States, the Administration is turning to Venezuela to help make 
up the production that they refuse to allow in America. And 
they know I have a problem, I am sure maybe you all have all 
different feelings on this. They are one of the world's 
dirtiest energy producers and an oppressor of their own people. 
I understand that the Administration believes that this will 
encourage Venezuela to make democratic reforms, but that has 
been tried, and we failed before. It makes no sense at all to 
reward bad actors before they actually take the action you 
want. We tried that with Iran and now here we are with 
Venezuela.
    Now, turning to today's topic--when I look back to when I 
became Ranking Member of the Committee in 2019, we had not done 
a comprehensive update to our nation's energy policy in over 
ten years. Since then, we have worked hard to address that gap. 
First, we set our energy policy goals in the bipartisan Energy 
Act of 2020. Then, we provided the investment needed to make 
those policies a reality in the Bipartisan Infrastructure Law 
and the Inflation Reduction Act. These bills will transform our 
nation's energy landscape for years to come. I am extremely 
proud of these pieces of legislation and the opportunities 
within them that will make us more energy secure while creating 
good jobs across our nation.
    For instance, I was pleased to join a bipartisan group of 
federal and state lawmakers and business and community leaders 
to welcome Secretary Granholm and Under Secretary Crane to West 
Virginia this week, on Monday, to announce that the Appalachian 
Regional Clean Hydrogen Hub won a $925 million award to bring a 
hydrogen hub to West Virginia and parts of Ohio and 
Pennsylvania, which is the three-state region. This funding, 
which came from the Bipartisan Infrastructure Law, will ensure 
West Virginia will be able to be a new epicenter of hydrogen in 
the United States of America. It's just one example. In the 
past two years, our state has celebrated announcements for 
battery manufacturing plants, carbon capture projects, 
microgrid-powered industrial sites, with many more projects on 
the way that stand to benefit from the DOE support. I will 
mention that tomorrow, when I go for a groundbreaking for Nucor 
Steel. Nucor Steel has just signed a contract with Helion, 
which is a fusion manufacturer, and they are intending, by 
2028, to have a Helion fusion manufacturing plant for clean 
hydrogen to make clean steel. It will be the cleanest in the 
world, being made in West Virginia, and we are extremely proud 
of that. That opportunity is unbelievable.
    In the case of the hydrogen hub, the private sector is 
proposing to invest up to $6 billion on top of the nearly $1 
billion from the DOE. So if you look at the $1 billion we have, 
that is a 13 percent investment the United States is making for 
an 87 percent return. That is a tremendous thing for us to 
incentivize that, and be willing to share some of that risk 
that makes these projects possible. The story is also similar 
across our country--the private sector announcements pouring in 
as a result of opportunities created by our laws, and all of us 
should be proud of that.
    And while I am thrilled to see all these impactful 
investments being made, it is also disheartening to witness 
this Administration distort the intended purpose of the laws to 
fulfill their agenda. And they know, I think we have had these 
conversations, and sometimes we are ahead of our skis and we 
just want to keep them in check. The laws were deliberately 
crafted to secure energy supply chains, but so far, we have 
seen too many indications that this Administration is willing 
to sacrifice security to pursue their unrealistic anti-fossil 
goals. The most apparent example of this is through the 
implementation of the IRA's EV tax credit. That credit was 
designed to encourage automakers to onshore their supply chains 
in order to break our reliance on China, who has dominated the 
EV supply chain. Unfortunately, actions by this Administration 
to cut the sourcing requirements in half and water them down in 
other ways just to get more EVs on the roads, Chinese or 
otherwise, clearly are not a reflection of the text or the 
intent of the IRA and Infrastructure Law. Not only is the 
Administration violating and manipulating the law to implement 
the legislation they wanted rather than the bills that we 
passed, but the decisions they are making will have detrimental 
impacts on American workers and embolden our adversaries.
    There is a bipartisan agreement that these laws must be 
implemented as written, as Congress intended, to secure our own 
country's energy supply. This is why our Committee expressed 
bipartisan concern at a hearing earlier this year when DOE was 
considering providing a grant to Microvast, a battery company 
with alleged links to the Chinese government. While DOE 
ultimately made the correct decision not to award this grant, 
and I thank you for that, this Administration's actions as a 
whole have made me question what aspects of the laws are at 
risk of being manipulated. So I felt it was important to invite 
the Department of Energy here today, and Mr. Crane, we are so 
glad to have you, and thank you for coming to discuss your 
approach, and Mr. Shah, you also, we are anxious to hear from 
you of these new important laws, and especially the review of 
the Department's due diligence and process for companies and 
technologies pursuing grant funding or loan guarantees.
    I have two primary questions for our witnesses. First, how 
are we ensuring that U.S. taxpayer dollars are absolutely not 
benefiting any of our adversaries? And I think we even have 
named our adversaries that we are very much concerned about, 
whether it be China, Russia, North Korea, or Iran. And second, 
how is the Department ensuring that companies receiving awards 
have proven technologies worthy of government support to 
commercialize them? The IRA and the Bipartisan Infrastructure 
Law are an investment in American energy security to protect 
ourselves and our allies while breaking our reliance on 
countries like China, Russia, Iran, North Korea, and other 
nations who do not share our values and should not be relied 
upon to provide critical elements of our supply chains. While I 
was pleased to see that DOE rescinded the Microvast award, I am 
alarmed that the company was able to get through even the first 
round of vetting. We continue to hear about our companies 
seeking to use taxpayer dollars to make a devil's bargain with 
Chinese technology providers, like Ford's potential licensing 
deal with CATL seeking to qualify for IRA credits, or the 
conditional loan approved by DOE for Kore Power that involves 
purchasing technology from a Chinese firm. Let me be clear: I 
do not want--and I don't believe any of our Committee members 
wants--a cent of the funding benefiting China in any way and 
being held hostage. So I hope today's witnesses will shed some 
light on the vetting process to make sure China and Chinese 
companies are not turning taxpayer-funded American innovation 
into a windfall for our geopolitical adversaries.
    Between the IRA and the Bipartisan Infrastructure Law, the 
Department of Energy received nearly $100 billion to support 
new or existing energy, advanced technologies, grid 
modernization, and clean manufacturing programs. Both bills 
emphasized an all-of-the-above approach so that we could 
innovate--not eliminate--our way toward a cleaner environment, 
while at the same time, increasing our energy security and 
creating new economic opportunities here in the U.S. These 
bills were designed to be balanced and ensure that the best 
technologies of all types win, not just those favored by any 
given administration. Historically, DOE's Loan Programs Office 
has fallen short of a balanced approach. If you look at the 
chart here, it shows you basically where we are investing our 
dollars.
    [The chart referred to follows:]
    [GRAPHIC NOT AVAILABLE IN TIFF FORMAT]
    
    The Chairman. Forty-one percent went to electric vehicles 
and clean transportation. Solar was 22 percent. Nuclear was 22 
percent. Distributed energy, storage, transmission was only 
seven percent. Wind was only three percent. Fossil, hydrogen, 
geothermal is four percent. Now, if you look at where our 
energy comes from today, 81 percent comes from energy 
production in fossil fuels and cleaner innovation--81 percent--
with a four-percent investment. Eight percent is nuclear power. 
Nuclear, 22 percent investment, eight percent right now. And 
renewables, you can look at all the renewables, 13 percent is 
where we get our energy from. So we have a long way to go, but 
we have to be realistic enough to know where our power is 
coming from today so we don't short-sight it and get the cart 
in front of the horse and say go ahead and start pushing. It 
does not work that way.
    To correct this, the IRA created the new 1706 loan 
guarantee program specifically to support investments in our 
dispatchable fossil fuel plants, such as adding CCUS or other 
environmental controls. I am also pleased to see that the LPO 
is supporting a number of hydrogen projects, a proven 
technology that we just have not focused on commercializing 
until the past few years. It is my hope that the Department 
will adhere to a balanced approach moving forward. I look 
forward to hearing how DOE is taking that balance into 
consideration as they work through the decision-making process 
for these important funding opportunities. I would also like to 
hear the Department's plans to ensure that taxpayer dollars are 
being spent efficiently, effectively, and responsibly.
    Without a doubt, the Department of Energy's loan programs 
have had successes over the years. And it is notable that the 
interest on loans returned to taxpayers has exceeded losses in 
investments by roughly four times over. That is excellent. That 
being said, it's no secret that problematic projects from 
previous years are still very much on our minds. Mr. Shah, I 
hope you are able to assuage any concerns this morning about 
the efficacies of the loan programs and demonstrate how the 
Department is working to prevent the next Solyndra. Being 
responsible with all this funding also means DOE's offices 
should not be working in a vacuum. There needs to be a cohesive 
strategy to ensure that we are not duplicating efforts and 
missing key gaps. So I hope that we can hear from Mr. Crane 
this morning about how he works with Mr. Shah and other offices 
within the DOE and across the agencies to make sure that 
funding is being used in the most effective and efficient ways 
possible. If implemented effectively, the Bipartisan 
Infrastructure Law and the Inflation Reduction Act have the 
power to truly transform our country for the better. And that 
is why it is so important that we get this right. I will 
provide all the support I possibly can to DOE to help the 
agency get it right and achieve Congress's intent. At the same 
time, it will be of no surprise to hear that I fully intend to 
continue our Committee's robust oversight of the Department, 
which is our jurisdiction and responsibility.
    And with that, I am going to turn to my Ranking Member, 
Senator Barrasso, for his opening remarks.

           OPENING STATEMENT OF HON. JOHN BARRASSO, 
                   U.S. SENATOR FROM WYOMING

    Senator Barrasso. Well, thanks so much, Mr. Chairman.
    I want to join you in welcoming Senator Padilla to the 
Committee. Given his degree in engineering from the 
Massachusetts Institute of Technology, we welcome both your 
participation and your expertise. So welcome to the Committee. 
I look forward to working with you.
    Mr. Chairman, thank you for holding this hearing today. 
Recent horrifying events provide a disturbing backdrop for 
today's hearing. Hamas terrorists have viciously attacked 
Israel. Hamas committed atrocities against innocent civilians, 
including infants and children. People are sickened by what has 
occurred. And there is a reason to believe that Iran helped 
plan and finance this evil attack on our ally. The risk of a 
wider, regional war in the Middle East continues to grow. 
Meanwhile, Russia continues to wage its unprovoked war against 
Ukraine, and as you might have seen, Putin and Xi are together 
today. And China is, at the same time, growing more aggressive 
by the day as it pursues global domination.
    These are consequences of weakness by our nation. They 
demonstrate that our energy policy needs to be about more than 
a blind allegiance to tackling climate change. That is what 
makes the laughably named Inflation Reduction Act so dangerous. 
Let's be clear: President Biden's energy transition obsession 
is going to move us from energy independence to energy and 
mineral dependence on China and Russia and OPEC. It's not the 
kind of transition Americans want or need. Today, I issued a 
report exposing how the inflationary IRA will actually make 
America weaker and our adversaries stronger. Starting with its 
name, everything we have heard from Democrats about this 
disastrous bill is a lie. This partisan bill--truly one-sided 
bill--is going to send America and our nation further in the 
red while enriching red China. It is going to leave taxpayers 
on the hook for hundreds of billions of dollars in new 
borrowing, and with a debt of $33 trillion, which is growing. 
We cannot afford that.
    President Biden has a terrible track record of protecting 
taxpayer money. As Vice President, he personally announced the 
award of a loan guarantee to politically connected solar 
company Solyndra. And Mr. Chairman, you made mention of that 
company in your opening remarks. We all know how it turned 
out--$500 million bankruptcy, with taxpayers footing the bill. 
With the IRA, the American people can expect to see more 
Solyndras. The recent revelation that the Department of Energy 
selected Chinese-connected companies, which you referenced, Mr. 
Chairman, for financial awards should alarm every American, but 
should not surprise us. The White House said it welcomes 
Chinese companies as big players in renewables and electric 
vehicle markets. The Administration has said it's perfectly 
happy to work with China on electric vehicles, and the IRA 
encourages more of this. It is a terrible mistake. Republicans 
and Democrats should be able to agree that taxpayer dollars 
shouldn't be used to strengthen China. It's not just foolish 
awards that benefit China, this ill-conceived bill is going to 
push the United States away from the fuels and the technologies 
that we dominate toward those that China and others control.
    And as your poster and map showed, Mr. Chairman, it points 
out these things perfectly. Chinese companies have led wind 
turbine, solar panel, and battery production for many years. 
That is not changing. Now, China is the world's largest 
manufacturer of electric vehicles. China also controls the 
supply chains of many of the critical minerals that these 
technologies use. So while the Biden Administration has been 
selecting Chinese companies for grant awards, it has been 
working to block mining in the United States. Even if we could 
do more mining here in America, we would still need huge 
amounts of critical minerals from China, Russia, and elsewhere 
to make up for the number of electric vehicles that Joe Biden 
is demanding. It's not possible to do it otherwise.
    Contrast this future dependence with America's recent 
global leadership in oil, natural gas, and coal production. 
President Biden and Congressional Democrats seem happy to 
surrender America's energy advantage. And Mr. Chairman, you 
mentioned in your opening comments what we see happening now in 
Venezuela with allowing drilling there that we are not allowing 
in the United States, and we do it much more safely and with 
more respect for the environment than they ever will.
    So let's be clear about what this means. It means more 
pleading with dictators, like Russia and Iran and Venezuela, as 
the Administration just did yesterday. It means U.S. businesses 
and workers being held hostage to the whims of our enemies. It 
means stronger adversaries, weaker allies. We do not need a 
pro-Iran and pro-China energy policy. That's what we are 
getting out of this Administration. We need to return to a pro-
America, all-of-the-above energy strategy that is good for 
America and for the free world. The stakes are too high, Mr. 
Chairman. The IRA, to me, should stand for irresponsible, 
reckless, and alarming. It can't be salvaged. It needs to be 
repealed.
    Thank you, Mr. Chairman.
    The Chairman. Thank you, Senator Barrasso, and the great 
thing about our democracy is, we can be friends and agree to 
disagree. And I will say in response, with the IRA, a lot of 
implementation--you know that I have a concern about how it's 
being implemented, but we have to be clear about the facts. We 
are producing more energy in the country today than ever in the 
history of our United States of America--4.6 billion barrels of 
oil is being produced as we speak, 37 trillion cubic feet of 
gas. We are at 13.5 billion cubic feet of LNG a day. That is 
going to go to 25. We have increased our wind and solar 
production. We have doubled it in one year. It's an all-in 
policy that is working.
    Now, the differences we have is sometimes some 
Administrations want to do a little bit more than what the bill 
intended. But the balance we have right now, it has done that 
job. And I will say with my dear friends on my Republican side, 
my Republican friends, a lot of that thought that went into 
that bill was things that we discussed for four or five years 
because we need more energy. We need an all-in policy. What we 
are afraid of though, is we might need a little bit longer 
until we have the new technologies that can replace the 
dispatchable fuels that people want to replace. And we are not 
going to take something away until we can do it as good, if not 
better, and that is where we are.
    So with that being said, I want to turn to our witnesses 
today.
    We have the Honorable David Crane, the Under Secretary for 
Infrastructure, Department of Energy, and we are glad to have 
him.
    We have Mr. Jigar Shah, Director of the Loan Programs 
Office, Department of Energy, and glad to have him here.
    And we have the Honorable Teri Donaldson, Inspector 
General, Department of Energy.
    So with that, we are going to our witnesses' remarks, and 
we are going to start with the Honorable David W. Crane, from 
the Department of Energy.

     STATEMENT OF HON. DAVID W. CRANE, UNDER SECRETARY FOR 
           INFRASTRUCTURE, U.S. DEPARTMENT OF ENERGY

    Mr. Crane. Thank you, Mr. Chairman and Ranking Member and 
distinguished members of the Committee. Thank you for this 
opportunity to discuss the Department of Energy's 
implementation of the BIL and IRA. All of us at DOE are 
extremely grateful for the leadership of this Committee 
informing and enacting these landmark pieces of legislation and 
the ongoing partnership during their implementation. We are 
bolstering our national energy security at this time of global 
instability. We are creating millions of lasting, good-paying 
jobs and helping communities across the country tackle huge 
challenges and take full advantage of opportunities made 
available to them by these landmark pieces of legislation. We 
are also assisting communities in realizing the impacts of 
rapid energy technology transitions and ensuring that cities 
and towns across America have access to new energy technologies 
that can reduce families' and businesses' energy bills as 
quickly as they can be deployed.
    Between BIL and IRA, Congress has provided more than $97 
billion for over 60 new programs under the purview of the 
Department of Energy. I am proud to say, as we sit here today, 
that we have announced 111 funding opportunities, totaling over 
$72.8 billion for applications from the public and private 
sectors, with a special mission to ensure that tribes and 
underserved and traditional energy communities have a seat at 
the table. Of this total, we have selected so far 455 
recipients for award negotiations, totaling $17.8 billion 
through competitive funding and $14.3 billion through allocated 
formula funding, including the home rebates program. In fact, 
in just the last week, we have announced award selections for 
over $10 billion between hydrogen and transmission awards. From 
selection, we move directly to negotiation of awards and then 
to full design project development and groundbreaking. During 
all these phases, we must ensure that the taxpayer dollars are 
well spent on well-developed, impactful projects that drive 
innovation. We are here to demonstrate technology and drive 
market adoption and stimulate private-sector financing of 
projects that will serve as fundamental elements of the 21st 
century economy for decades to come.
    I look forward to sharing how DOE is meeting these goals 
through a thoughtful program design, extensive community and 
stakeholder outreach, rigorous and merit-based decisions led by 
career staff who are subject matter experts, ongoing project 
management, and a robust risk and vetting process for awardees 
and applicants. The Department takes seriously its 
responsibilities to match competitive funding opportunities and 
loan programs purposefully to the benefit of the taxpayers. It 
is of great importance, both to me and to this Committee, that 
we have a robust due diligence and oversight mechanism to 
ensure integrity in our programs and to ensure we are meeting 
and exceeding the goals of the legislation. The majority of the 
programs under BIL and IRA are competitive funding 
opportunities to demonstrate and to deploy next-generation 
energy infrastructure. For FOAs, we conduct extensive outreach 
to industry, communities, non-profits, and think tanks, other 
stakeholders, and with other DOE offices to develop a better 
understanding of the opportunities and challenges.
    Once applications are submitted, we undertake a rigorous 
merit review process that includes an initial check for 
eligibility, followed by review by a panel of independent 
experts. This includes a review of technical merit, financial 
and market viability, the work plan, management team, and the 
proposed community benefits. This review may include additional 
questions to the applicants, potential interviews, and review 
by the RTES--Office of Research, Technology, and Economic 
Security--which I will explain more. With the enactment of BIL 
and IRA, it has become more important than ever for the 
Department to have a comprehensive and rigorous approach to 
research, technology, and energy security--or as we say, RTES--
for both awards and loans. Over the past year, DOE developed 
and continues to improve upon a number of measures to mitigate 
risks that foreign governments who are adversarial to the U.S. 
pose to our scientific and technological development ecosystem 
supply chains and intellectual property.
    DOE enhanced its existing vetting processes to ensure that 
risks of undue foreign influence are considered earlier in the 
competitive process and throughout the life of a DOE support 
project loan. DOE also included strict RTES requirements for 
financial assistance and loan programs. For example, no person 
participating in a foreign talent program sponsored by a 
country of risk may participate in a project. We are examining 
foreign connections associated with individuals and entities 
proposed to participate in the project. This includes sharing 
some intellectual property, foreign collaborations, foreign 
ownership, and foreign affiliations.
    In conclusion, the Department of Energy looks forward to 
seeking the guidance of this Committee as we continue to ensure 
the integrity of the implementation of the BIL and IRA. These 
historic laws provide an unparalleled catalytic investment to 
our nation's infrastructure and energy security, and the 
Department stands ready to meet this moment while ensuring that 
we are executing stringent oversight and stewardship of the 
taxpayer dollar. As we look to secure the U.S. global 
leadership in energy technology development and infrastructure, 
we also know that the investment in our nation's energy 
infrastructure is not just a five-year or decade-long project, 
it is a very long-term investment in the energy future of the 
United States. We look forward to working with this Committee 
and for the partnership between the Department of Energy and 
the members of this Committee.
    Thank you, Mr. Chairman.
    [The prepared statements of Mr. Crane and Mr. Shah were 
submitted as one document, and appear after Mr. Shah's opening 
statement on page 12.]
    The Chairman. Thank you, sir.
    And now we are going to have the Honorable Mr. Jigar Shah, 
Director of the Loan Programs Office, Department of Energy.

  STATEMENT OF JIGAR H. SHAH, DIRECTOR, LOAN PROGRAMS OFFICE, 
                   U.S. DEPARTMENT OF ENERGY

    Mr. Shah. Chairman Manchin, Ranking Member Barrasso, and 
distinguished Committee members, I, too, would like to express 
my gratitude for the opportunity to join you today. I have had 
the privilege of serving as the Director of the Loan Programs 
Office, or LPO, since 2021. LPO supports the DOE's private-
sector-led, government-enabled approach to developing a new 
American industrial strategy.
    The United States faces a deployment challenge. LPO exists 
to help bridge that gap. Since 2005, LPO has financed 
innovative energy and manufacturing projects, catalyzing the 
deployment of nuclear power, utility scale wind and solar, and 
domestic advanced technology vehicle manufacturing, while 
directly supporting nearly 50,000 family-sustaining jobs in the 
process. At the same time, LPO has prioritized its 
responsibility to protect taxpayer resources. Since the 
creation of LPO, dedicated federal staff have strengthened 
program oversight, institutionalized world-class risk 
management practices, and implemented portfolio-wide safeguards 
and monitoring of all LPO projects. The fact is, similar to 
what Under Secretary Crane explained for competitive funding 
opportunities, LPO conducts rigorous due diligence that is 
comparable to, if not more stringent than, what might be done 
in the private lending market.
    The Bipartisan Infrastructure Law and the Inflation 
Reduction Act enhanced and augmented LPO's authorities, sending 
a signal that Congress trusts and expects LPO to meet this 
moment. And the private sector has noticed. Our applicant 
pipeline has 177 active applications seeking over $157 billion 
in financing from advanced nuclear to carbon management to 
sustainable aviation fuels. We do not pick and choose the 
technologies that come to our door, and we evaluate 
applications across all statutorily eligible technologies on a 
level playing field. Since the start of the Biden-Harris 
Administration, LPO has issued or committed more than $21 
billion for projects across the country, including in Arizona, 
Kentucky, Louisiana, Nevada, Utah, and other states. These 
projects support deployment of clean hydrogen technology, 
virtual power plants, domestic critical materials production, 
and more.
    We have also clarified our application process for 
borrowers and are implementing recent changes, including 
Section 1706 and State Energy Financing Institution (SEFI) 
authorities. LPO will continue partnering with the private 
sector to finance high-impact projects while taking measured 
risk and exercising rigorous due diligence to ensure that our 
future energy is built by American workers on American soil.
    I look forward to answering any questions you might have.
    [The jointly prepared statement of Mr. Crane and Mr. Shah 
follows:]
[GRAPHICS NOT AVAILABLE IN TIFF FORMAT]

    The Chairman. Thank you, sir.
    And now, we have the Honorable Teri Donaldson, Inspector 
General, Department of Energy.

             STATEMENT OF HON. TERI L. DONALDSON, 
          INSPECTOR GENERAL, U.S. DEPARTMENT OF ENERGY

    Ms. Donaldson. Thank you, Mr. Chairman. Thank you, Ranking 
Member Barrasso, and members of the Committee for inviting me 
to speak here today.
    I am going to comment on just a few of the many risk 
factors, then I am going to talk for a little while about due 
diligence and why the private sector model isn't going to work. 
So in my testimony, we lay out 12 different categories that all 
present substantial risks. I want to emphasize, probably the 
most important fact that brings me here today is that all of 
those things are happening at the same time, and I have never 
seen that. Seventy-one new programs all trying to develop 
criteria, including due diligence criteria. You have massive 
amounts of money moving quickly. All of these things happening 
at once create a level of risk that may, candidly, be 
unprecedented in terms of amounts of federal money moving in 
such a complicated landscape. You know, even the PRAC money, 
huge amounts of which were lost and stolen, had simpler 
criteria than the dollars we are talking about here today. So I 
cannot say often enough that this is a very risky landscape.
    On the issue of not funding our adversaries, I am greatly 
concerned about how things are going in that regard. The 
Department has set up a vetting center, which is a step in the 
right direction, but it's now six months old. It has three 
employees. It has no written procedures. There is no clear path 
on what projects will be vetted or what criteria will be used 
when they are vetted. It has a very, very long way to go, and 
that is of huge concern to me.
    Now, a few minutes on due diligence. My background is--I 
was in a very large law firm and I was doing due diligence on 
large energy deals for many years. So this is something I know 
a little bit about. Private sector due diligence is two groups 
of trained gladiator lawyers going into a room with a very 
clear goal that the project make money. And that model works 
really well. I was one of those gladiators in the room--blood, 
guts, and hair--but it works really well because there is a 
clearly defined goal. You are protecting your clients' 
interests. In this setting, clearly defined goals really don't 
exist. Loss has not even been defined, right? What amount of 
loans defaulting will even be successful? So due diligence is 
very different.
    The huge difference is that on the government side of this 
equation, it's not their money, right? And back in the '70s, 
the Federal Government finally responded to what I refer to as 
the ``Monopoly money syndrome.'' It is a lot easier to spend 
the government's money than to spend your own or even your 
client's money. Clients hold people highly accountable. So in 
response to that, they came up with the Inspector General Act. 
So what inspectors general do is perform that independent audit 
function, and they answer the question of where did the money 
land. So I am not accountable to anyone other than you, right, 
to say did this even work. So there has to be a clearly defined 
goal.
    The analogy in the private sector is the audit chair on the 
board. Completely independent. It typically does not report to 
anyone other than the board, and that function is very, very 
well-funded. So there is a graph in my materials which shows 
what volume of these dollars, what amount of projects I am 
currently funded to audit. And I will tell you that in the 
private sector, you would never see a graph that looks like 
that. Projects are rigorously audited, and they are audited 
independently for a very, very important reason, because that 
is how you know whether or not you got the benefit of the deal, 
by having an independent set of eyes looking at those 
materials.
    So as we sit here today, I am the poorest-funded inspector 
general in the Federal Government, viewed proportionately. The 
Department of Energy took on massive new mission elements, 
massive amounts of money. I was funded very, very little. And 
as we sit here today, I don't have the support of the Secretary 
in seeking to transfer some of those already appropriated funds 
over to the Office of the Inspector General, and that is 
unfortunate, because at the end of the day, inspectors general 
don't lose money, they make money. The more you audit, the more 
you recover. So a dollar for an inspector general, at least as 
of 2021, the Council of the Inspectors General was calculating 
return on investment at about 1 to 20. So a dollar to an 
inspector general is $20 you get back. So the more you care 
about those mission elements, the more you should pay attention 
to making sure that your independent audit function has the 
staff and the people to be doing its job.
    Thank you.
    [The prepared statement of Ms. Donaldson follows:]
    [GRAPHICS NOT AVAILABLE IN TIFF FORMAT]    
   
    The Chairman. Thank you. We appreciate it very much. And we 
will start our questions right now and I am going to go right 
to you, Ms. Donaldson. I think it was a great presentation of 
what we are concerned about.
    With all the good that can be done and all the intent that 
was done for the good that should be returned, have you taken 
this to the Secretary? Where do you go for your support? Do you 
go to the Secretary level and ask for that support?
    Ms. Donaldson. Yes, and to OMB. And many of you--I have 
briefed many of you on the same subject.
    The Chairman. Okay.
    Ms. Donaldson. So we are about two years behind now. So we 
have been on the Hill and working to try to correct this 
problem for about that amount of time.
    The Chairman. And you have not gotten any favorable 
response you need or the support that you need right now, with 
all the money that is coming toward that. And I will go right 
to Mr. Shah now.
    The amount of money that is going, unprecedented, to where 
you have responsibilities and making sure it is done, can you 
look at the technologies that we are trying to develop here and 
can you say that there are any pie in the sky that don't have 
proven technology, or is this a lot of proven technology that 
hasn't been matured? How would you rate that?
    Mr. Shah. Senator----
    The Chairman. Such as hydrogen. It has been around forever, 
right?
    Mr. Shah. Thank you so much for your question.
    You know, as the Inspector General suggested, I have also 
been in the private sector for a long time, doing a lot of due 
diligence on projects. What I would say is that the Department 
of Energy Loan Programs Office has an ability to do due 
diligence on these projects that many private-sector banks 
don't have because we have access to the 10,000 engineers, 
scientists, and experts on the DOE platform. So for the vast 
majority of these projects, I would say the technology has 
actually originated from R&D programs that were funded by the 
Department of Energy. So for many of these technologies that 
are, frankly, scary to the private sector, which is why the 
Loan Programs Office was created, we can do rigorous due 
diligence and look back into demonstration projects and other 
data that we have to see whether the technology will work.
    So we never take ``will it work or won't it work'' risk 
today here at the Loan Programs Office. We do take execution 
risk, scale-up risk, a lot of other risks that are real risks 
that we have to do due diligence on. Also, the average due 
diligence process for the Loan Programs Office is over 12 
months. And so, we are hiring independent engineers, market 
advisors, and others to give us a third-party view, as was 
suggested and required by the Congress in the 2020 Act.
    The Chairman. Let me ask this question--do you all work 
together, or are you close, in the same offices, or anything of 
that sort? Where is your office located?
    Ms. Donaldson. We are all in the exact same building, 
Senator.
    The Chairman. In the exact same building.
    Do you all work on the concerns you have and him being 
responsible for the loans that go out the door? And what you 
are saying, I believe, that this has been missed or not looked 
at, are you all collaborating on that?
    Ms. Donaldson. We do. I have a monitoring project. So we 
have data that we are collecting on a monthly basis from the 
Department. That is how I know about the vetting center, and we 
do have fairly regular meetings where we discuss risk.
    The Chairman. Well, I think you all know, our concern is 
basically countries that don't have our same values, and 
basically, right now, it's targeted on China, since China has a 
monopoly on things that we seem to want to do as an 
Administration that we don't have a secure supply chain to do 
it on our own. So we are trying to accelerate how we can get 
into that market and be more self-reliant or relying on actors 
that we have that are basically reliable, such as free trade 
agreement countries, things of that sort. And that's where the 
credits come in. Are we able to basically find out what maybe 
China is still receiving? Because we are circumventing what the 
intent was of the bill to basically make us independent and 
break as quickly as we can from China dependency and stop that 
from happening or prohibiting a loan going out.
    And next of all, our loans--is money going out the door 
before people are taking the risk to get a production tax 
credit or investment tax credit? They have to either be 
producing or investing. They have to put their own capital at 
risk. Is any money going out the door before they have come to 
the table with their risk, you know, their capital risk?
    Mr. Shah. Senator, thank you for the question. I am happy 
to answer it for the Loan Programs Office and happy to have 
David answer it for the rest of DOE.
    For the Loan Programs Office, we have a deal that we 
recently announced for Kore, and in that, we are talking about 
an American company that has been around for 60 years. In order 
to accelerate bringing lithium-ion battery manufacturing to the 
United States, they partnered with a Chinese company. That 
company has put their technology into Arizona, right? And they 
have--we have done several things here. One is----
    The Chairman. I understand that that technology was 
basically stolen from the United States to begin with and they 
matured it.
    Mr. Shah. That is exactly what I was going to say. I mean, 
you know, as somebody who is an entrepreneur and has done this 
for a long time, I mean, there really was a policy in this 
country for commercializing your technology in other 
continents, right? We did not have the tools here. The 
Inflation Reduction Act has given folks the tools to be able to 
commercialize our technology here in this country. Some of that 
is, you know, being brought back from other continents, back to 
this country, and there are ways for us to protect the U.S. 
taxpayer, a couple things. One is, there are foreign entities 
of concern that are trying to put provisions into board 
representation. So we do full due diligence on that to make 
sure that none of those provisions exist. Second, we make sure 
that all IP licenses are one-way, so the technology comes to 
the United States, tied to the American worker, but no 
additional innovations that occur here can go back to that 
country. And we did that diligence here.
    Third, foreign talent recruitment programs. The vast 
majority of our companies don't know what a foreign talent 
recruitment program is. So we have to explain to them what it 
is, how to monitor for it, and how to make sure that they are 
not susceptible to it. And the last piece of it is, we need to 
make sure that they understand that we need to see the 
ownership stake of those companies going down, so the Chinese 
ownership stake goes down.
    The Chairman. Mr. Crane, I am over my time. Real quick--I 
want you to think because I am going to come back and ask at a 
later time, but the GREET model we have talked about, 
especially with hydrogen and what it is doing, and you met 
briefly with some people we have a lot of concern about. I want 
to get back to that so you can think about that one, okay?
    The thing I am more concerned about right now, are any of 
you all looking at what the CBO score was on the IRA and what 
is happening now, how you implement that bill that might be 
greater than what the model was?
    Mr. Crane. An analysis? No, not in my part of the 
Department of Energy are we scoring.
    The Chairman. Are you scoring, basically looking at CBO 
score versus what you are looking at now as far as the demand?
    Mr. Crane. No.
    The Chairman. Are you looking at that, Teri?
    Ms. Donaldson. Sir, I don't have a project underway looking 
at that exact issue.
    The Chairman. Okay. We will get back to that.
    At this time, I want to turn to Senator Barrasso.
    Senator Barrasso. Thanks, Mr. Chairman.
    Inspector General Donaldson, welcome back to the Committee.
    Ms. Donaldson. Thank you.
    Senator Barrasso. I appreciate you being here and your 
testimony. It was excellent. You talked about how there are 12 
categories of increased risk to taxpayer money and being used 
properly. Now, you are in a position confirmed by the United 
States Senate to be responsible in looking at protecting 
taxpayer money. And what I heard you say is that in proportion 
to the amount of money going out from the Department of Energy, 
the ability that you have to look into that from the size of 
your staff is the worst in government, and you have asked the 
Secretary for more, and the Secretary has stonewalled or 
blocked the opportunity to get that money. So there is a 
concern as we are looking at taxpayer dollars.
    So let me talk about this because you said there are 12 
categories of increased risk. I am going to ask about this one. 
So there is a private trade association. It was founded by Mr. 
Shah, sitting next to you. And he is in charge of the 
Department of Energy Loan Program. It is called Cleantech 
Leaders Roundtable. He founded the organization. From what I 
see, it appears to be a gatekeeper for companies seeking DOE 
funding from him, and he founded the organization--not anymore, 
but one is called Sunnova, which recently received a $3 billion 
loan from the Department of Energy--$3 billion. One of the 
board members of the group that he founded is also on the board 
of Sunnova that got the $3 billion, same guy getting the money, 
on his board that he founded. My concern is this could be the 
next Solyndra. Solyndra was $500 million. This could be $3 
billion of taxpayer money.
    Now, Mr. Shah has reportedly been a guest speaker at at 
least ten Cleantech-sponsored events, a group he founded. And 
at these events, if you are a member of his group that he 
founded, they get special access to him. And he is the guy that 
is directing the loan program. So the Department of Energy, 
even recently, co-hosted an event with Cleantech, this group 
that he founded. Do you believe the Department of Energy's 
safeguards to prevent conflicts of interest in its loaning 
practices are satisfactory or do they need to be improved?
    Ms. Donaldson. Thank you, Senator Barrasso.
    I do have a project underway. It is still very new, looking 
at conflicts of interest, particularly in the Loan Programs 
Office. I will say--and there are quite a few facts that you 
were chatting about there--Mr. Shah does have access to 
outstanding ethics counsel at the Department of Energy, and I 
am sure he is already working with her on some of those issues. 
My job, and how I have structured this project, which will look 
at conflicts, is not to see whether or not the minimum existing 
conflicts laws and rules are being met, it is to provide a 
broader universe of tools that they may want to strap on and 
enact and follow because of some of the very special 
circumstances surrounding this program.
    So the whole idea of ethical protections is something that 
you can--you start at the floor, right, the federal 
requirements. You can certainly do more. So my staff is looking 
at both----
    Senator Barrasso. Good, appreciate it.
    Ms. Donaldson [continuing]. Are they meeting the floor, and 
making recommendations on what other things they may want to 
consider to protect these funds?
    Senator Barrasso. No, I appreciate that because we are 
talking about $3 billion.
    Ms. Donaldson. A lot of money.
    Senator Barrasso. Six times larger than Solyndra, but 
actually, there are hundreds of billions of dollars in play.
    So Mr. Shah, you appear to be all-in on the Cleantech 
Leaders Roundtable. Going to their meetings, special access to 
members, that's the trade association that you founded. You 
have spoken to at least ten or more private events hosted by 
them. You have even given a loan to a company that shares a 
board member, and that was for $3 billion, but what this 
Climatetech executive is now saying is, it's hundreds of 
billions, hundreds--dollar sign, dollar sign, dollar sign, 
dollar sign, dollar sign. We love Jigar Shah, love you.
    [Poster image with quote from Climatetech executive 
follows:]
[GRAPHICS NOT AVAILABLE IN TIFF FORMAT]

    Senator Barrasso. They love you. Hundreds of billions of 
dollars. I mean, I think conflict of interest, potential 
conflict of interest, Jigar Shah just became one of the most 
important players in energy--this is the new CEO of the company 
that you founded--they get access to you. It is astonishing. 
This is a social media post from your former trade 
association's current executive director. It sounds like she 
thinks she hit the lottery, and apparently she did. She is 
openly touting Cleantech's access specifically to you, hundreds 
of billions of taxpayer dollars, that you are the one that is 
handing it out. I think it's a very bad look for you personally 
and a very bad look for the Department of Energy.
    Will you commit to refrain from associating with your 
previous trade association for the rest of your tenure at the 
Department of Energy?
    Mr. Shah. Senator Barrasso, thank you for that very 
important question. I think it's important to take a step back 
and understand the role that I have at the Loan Programs 
Office. The Secretary, when she was in her confirmation 
hearing, suggested, truthfully, that the Loan Programs Office 
was dormant. So my job has been to gain private-sector trust. 
And so, I am all-in, for sure, on American innovators and 
entrepreneurs. And I have spared no, you know, event or time or 
conference to figure out how to promote the Loan Programs 
Office. But because of your excellent oversight and the 
oversight of the Inspector General, the Loan Programs Office 
has been substantially improved since 2011 and 2012. We now 
have a risk management group, a portfolio management group. And 
so, I have no role to play, whatsoever, in choosing who gets a 
loan. In fact, those decisions are made by federal staff. My 
job is to get people to take the extraordinary step of spending 
a lot of time and effort to participate in the Loan Programs 
Office and ask us for a loan so that we can evaluate it.
    Senator Barrasso. So Mr. Chairman, let me just reflect that 
the witness just refused to commit to refrain from associating 
with his previous trade organization. Hold that back up again. 
He has refused, in front of this Committee, to commit to 
refrain from associating with his previous organization that 
talks about hundreds of billions of dollars from him. I asked 
him a straightforward question--will you commit to refraining? 
He refused to answer. So whether or not you found some nice 
little loophole, this is Ethics 101. It's a bad look for you, 
it's a bad look for the program, it's a bad look for the 
Secretary of Energy, and it's a bad look for the Biden 
Administration.
    Thank you, Mr. Chairman.
    The Chairman. We now have Senator Heinrich.
    Senator Heinrich. Moving on from that little bit of 
theater, Mr. Shah, let's start with why we need an LPO. Why 
doesn't the private sector do this? And what is the value of 
the Loan Programs Office?
    Mr. Shah. Senator, thank you for your question. The Loan 
Programs Office was originally established in the 2005 Energy 
Act because what we realized was that the Department of Energy 
was extraordinary and still is extraordinary at invention, but 
that we have not been as extraordinary at getting those 
technologies commercialized here and tied to the American 
worker. Part of the reason for that is because our commercial 
banking system really does not want to take any perceived or 
actual risk in scaling up technology. And so the Loan Programs 
Office sits to be able to evaluate these technologies and to 
help commercialize them here. Our remit is only on American 
soil. So we can only fund projects that are scaling up 
technology here, and we have been active across the board, as 
the Chairman suggested, in nuclear power, advanced fossil 
projects, hydrogen, renewables, and many other sectors.
    Senator Heinrich. So for either of you--for years, we saw 
American manufacturing and capital flow out of the United 
States, particularly to China, but to many different parts of 
the world--Southeast Asia. And today, we are seeing, to some 
degree, that pattern reversing. That is a policy win. How do we 
protect the American taxpayer and our American intellectual 
property while that occurs?
    Mr. Crane. Well, Senator, thank you for the question and 
the focus on manufacturing and it's still fairly early days, 
but you are right, even the Wall Street Journal has talked 
about the manufacturing renaissance in the United States, and 
that's before the Department of Energy money is being deployed. 
So that----
    Senator Heinrich. Let's start there. What's the scale of 
that? Since the Inflation Reduction Act was passed, how many 
factory announcements have we seen? How many--how much private 
capital?
    Mr. Crane. I thought, you know, we can get you a more 
accurate number, but the number is $100 billion or more.
    Jigar, do you have----
    Senator Heinrich. And growing by the day.
    Mr. Crane. Yes, exactly. And that is also an indirect 
impact of the Inflation Reduction Act, which has led to that 
manufacturing in anticipation. But you ask how do we protect, 
and this gets back to the vetting center and my colleague, the 
Inspector General's comments. And I can just say, being more 
involved with what we call the equity side to the house, the 
financial assistance, the vetting center process has worked for 
us. We are going through that. Most of the programs we have are 
more sure technology. So it's more about Chinese ownership than 
it is about proprietary technology, although we have that in 
long-duration energy storage. And we work with the vetting 
center and they go through all our projects. They access the 
intelligence and counterintelligence end.
    And so far, if you look at, you know, the recent selections 
that we have announced, you know, I think the process is 
working. There is always room for improvement.
    Senator Heinrich. Sure.
    Mr. Crane. We look forward to working with the Inspector 
General, but----
    Senator Heinrich. One way to measure----
    Mr. Crane. Go ahead.
    Senator Heinrich [continuing]. Whether things are working, 
obviously, is return on investment. So Mr. Shah, what is the 
track record of LPO generally and then more recently, if the 
data allows, in terms of return on investment?
    Mr. Shah. Yes, thank you so much for that question. The 
Loan Programs Office measures its impact in a couple of ways, 
right? We are not here to make a profit, right? We are here to 
commercialize American technology. But the U.S. Congress has 
allocated to us a credit subsidy, which is money that we can 
use for a loan loss reserve. We have allocated roughly $5 for 
loan loss reserve for a realized loss of roughly one dollar, 
right? And so we have allocated a lot more for losses. And as 
the Chairman suggested, the interest income that we have earned 
has exceeded by four times any losses. And so there is a couple 
ways of looking at that.
    But the more important way of looking at it, in my opinion, 
is that we provided a loan guarantee to the first five 100-
megawatt solar projects in the United States. We catalyzed over 
a trillion dollars of investment into solar because of the 
early support we provided when no bank would do that deal. The 
same thing is true with our loan to Tesla on the automotive 
side. I think that, you know, America's dominance in electric 
vehicle technology really comes from our early bet on Tesla. I 
do believe that the early investments we are making in this 
particular round will also have that level of success over 
time, and there will still be some losses, right?
    Senator Heinrich. Right.
    Mr. Shah. I mean, I think that the Congress----
    Senator Heinrich. And we should understand that.
    Mr. Shah. Absolutely.
    The Chairman. Mr. Shah, you might want to clarify, because 
I think the question was asked by Senator Barrasso. The 
companies that you had previously been involved with that have 
an exclusive to where a person has to have--there is a fee 
being paid to come to those and you being to that, or if it was 
a public event. So a public event is a public event. People 
come. There are no requirements. There are no fees with that. 
Do you want to explain that at all, because I know that was 
quite contentious at the end there, how you feel about that?
    Mr. Shah. Thank you, Chairman. You know, I attend a lot of 
events. And you know, I am happy to distance myself from any 
further dinners from the Cleantech Leaders Roundtable.
    The Chairman. I think all we are saying is, like with the 
Cleantech Leaders, if people have to pay to have access, that 
is what they are talking about. If they are not paying to 
access, as a public, I think you should be able to do whatever 
you think is a benefit.
    Mr. Shah. Chairman, the point I want to make here is that I 
am trying to figure out what access they are paying for, since 
I don't make any decisions on which loans we actually 
underwrite or approve. Having access to me is like, you know, I 
am more accessible than a ham sandwich, right? I go to like, 
you know, conferences like RE+. I go to conferences like 
CERAWeek. I go to lots of places, wherever American innovators 
and entrepreneurs need to meet me so that they can be convinced 
that this country wants them to onshore and re-shore their 
technology here in this country, I am willing to talk to them. 
But what I am concerned about is the insinuation that the 
oversight that the Senate and the Congress has done, as well as 
the Inspector General, has not been fully implemented. In fact, 
it has.
    And so there is no political influence on these loans. 
These loans are being overseen by career federal staff.
    The Chairman. Thank you. I just wanted to make sure to give 
you an opportunity on that.
    Now we are going to go to Senator Cassidy.
    Senator Cassidy. Hello, gentlemen, thank you all.
    Mr. Crane, there was a recent awarding of--and ladies, I'm 
sorry. There was a recent awarding of the HALO Hubs, and 
Louisiana was an applicant but did not receive. The Secretary 
was kind enough to call me and tell me that, but that's just 
the breaks, as I first took it, but since, I have become 
concerned about the process. Since we are talking about the 
integrity of the process, that's what I would like to explore. 
I am told that of the merit reviewers of the Louisiana 
application, several of them did not provide any comments or 
ask any questions regarding the application. Frankly, that was 
like, ``excellent,'' ``bad,'' ``needs to improve,'' like 
nothing. So it's unclear to me that they actually reviewed it. 
In fact, there is no evidence that they actually reviewed it. 
What I am worried about is that the fix was in before we even 
started.
    So next, on August the third of this year, HALO Hub 
leadership in the State of Louisiana had a phone call at DOE to 
discuss the status of the program. This occurred as other 
hydrogen hub applicants were being asked to interview with DOE 
in relation to their applications. The HALO Hub in Louisiana, 
Arkansas, and Oklahoma had not been contacted for an interview. 
But DOE said two things, specifically--that the interviews were 
to answer questions about gaps in the applications, and the 
interviews did not represent a down-selection process. Is all 
that correct?
    Mr. Crane. Yes, the interviews did not----
    Senator Cassidy. Okay. So how many----
    Mr. Crane. But what was the question before? Was it a down 
select? It was a two-part question. What was the----
    Senator Cassidy. I was just setting context.
    So how many hydrogen hubs that were not interviewed were 
ultimately selected as an awardee?
    Mr. Crane. None of the hydrogen hubs that were not 
interviewed were----
    Senator Cassidy. But the interviews were specifically said 
not to be part of a down-selection process, but as it turns 
out, if you were not interviewed, you were not ultimately 
selected.
    Mr. Crane. That's the way it turned out, but at the time of 
the phone call, the people doing the interviews did not know 
whether a hub would be selected that was not interviewed.
    Senator Cassidy. I accept that perhaps, but the fact that 
multiple reviewers looking at the HALO Hub from Louisiana, 
Arkansas, and Oklahoma didn't make a comment or didn't ask a 
question? When the Secretary called me, she mentioned she had 
been told, when I asked why wasn't Louisiana selected, and our 
three-state consortium, it said it was because Shell had pulled 
out of the HALO Hub and that communities were not supportive. 
It turns out, Shell did not pull out of the HALO Hub and that 
Louisiana was never notified that there were communities not 
supportive. Do you have any sense of why she was told those 
were the reasons that we were not selected?
    Mr. Crane. Well, Senator, first of all, I would say that, 
to me, the main reason is that the competition for these hubs 
was intense. We got----
    Senator Cassidy. Well, let me go back to that.
    Mr. Crane. It was a bit----
    Senator Cassidy. What I am trying to understand is the 
criteria by this.
    Mr. Crane. Yes.
    Senator Cassidy. Because frankly, I'm thinking the fix was 
in.
    Mr. Crane. Senator, I would respectfully suggest that no 
fix went in----
    Senator Cassidy. Let me go to the next point.
    Mr. Crane. Okay.
    Senator Cassidy. We were also told that there was an issue 
that with the HALO Hub that there was no--that the existing 
hydrogen pipeline in Louisiana was not open access. How many 
states which were rewarded these hubs, how many of them 
currently have a hydrogen pipeline?
    Mr. Crane. I don't think there is any state.
    Senator Cassidy. Texas, that's it.
    Mr. Crane. I think the only hydrogen pipeline is the non-
open-access one between Louisiana and Texas.
    Senator Cassidy. So I guess what I am concerned about is, 
if we are being told that it's because there is not an open-
access pipeline, but like, of the other 15 states, besides 
Texas, none of them had a hydrogen pipeline at all, that Shell 
had not pulled out, and we were never told that the communities 
objected, and that several reviewers did not comment or say 
anything about the application, implying they never looked at 
it. My gosh, why would I have a different impression than that 
the fix was in?
    Mr. Crane. Senator, I accept your concern at this point. 
The part that I would particularly say is almost certainly 
inaccurate is the part about the independent merit reviewers, 
because all 28 applications were forensically reviewed by----
    Senator Cassidy. But there were no comments or questions 
written by them. This is according to the State of Louisiana, 
which has reviewed this.
    Mr. Crane. Well, I mean, the questions of clarifications--
there was not a uniform setting of questions or clarifications 
to any of the 28. I mean, you know----
    Senator Cassidy. So, so far, I haven't really found a 
reason why the reviewer would find fault. The other thing that 
has been clear, although this was not part of the legislation 
that we passed--after announcing the hub competition, the 
Department of Energy announced plans to use $1 billion of the 
hub money to run a centralized DOE plant--so called demand-side 
program--to stimulate hydrogen demand. Now, in the Louisiana-
Arkansas-Oklahoma application, which was unsuccessful, not 
clear why because every reason we have been given so far does 
not seem valid, and several of the reviewers did not comment 
upon. The applicants had committed to taking 3,000 metric tons 
of production of hydrogen a day and demand would match this 
production by 2030. So that which DOE said they had to model 
and create was part of the application and was a fait accompli, 
if you will.
    So again, when I look at why would this application not be 
selected, I can't help but notice that 11 of the 15 or 16 
states are kind of represented by Democratic senators, 
including states that don't have a history of this sort of 
production of hydrogen and other components, such as Louisiana 
does, that don't have an existing infrastructure such as we. 
And yet, somehow, they managed to get a billion-dollar project. 
Tell me why I should have faith in this process.
    Mr. Crane. I could go through the process to show that, you 
know, the independent merit review, the federal panels, the 
selection officers, are all career civil servants and they 
evaluated many, many criteria. You mentioned some of the 
criteria which, I think, were to the advantage of the Louisiana 
hub. Also, because the bill, it was effectively an intra-
regional competition. So the Gulf Coast had multiple very, very 
strong competitive----
    Senator Cassidy. But there was only one that ended up 
getting it and that was the one in Texas. And yet, you look at 
other places without our ecosystem, without our infrastructure, 
they did get it. That's why I'm kind of like, whoa, the place 
with all the infrastructure got one and it is otherwise 
scattered around a lot of states, disproportionately 
represented by Democrats, and as Deion Sanders would say, Mr. 
Crane, look at me. Yeah, they are career, but look at me. They 
don't answer----
    Mr. Crane. I'm looking at you, Senator.
    Senator Cassidy. They don't answer to political leadership? 
Of course they do. I am very concerned about this.
    Let me ask in closing, because you have been indulgent 
letting me go over.
    Would the Department of Energy be willing to share, 
completely, the deliberative process and the documents thereof 
with my office so that we can review, as part of my function 
with this oversight committee?
    Mr. Crane. We would be happy to set a meeting with your 
office to go through, in considerable detail, the selection 
process----
    Senator Cassidy. And to share with us those documents so we 
can make our own assessment as well?
    Mr. Crane. I would have to get back to you on that, 
Senator, because----
    Senator Cassidy. Otherwise, I have to file a FOIA, which 
seems inappropriate for a Congressional oversight committee.
    Mr. Crane. I thought that FOIA, I thought there was 
commercially sensitive information--I am not an expert on 
FOIA--but we are, I think we would be happy to work with your 
office to set up a more detailed briefing, and if we start 
there and if you are unsatisfied, we could take it from there.
    Senator Cassidy. I appreciate that. I yield. Thank you for 
your indulgence.
    The Chairman. Thank you, Senator.
    Senator Hirono.
    Senator Hirono. Thank you, Mr. Chairman.
    Secretary Crane, we have heard Ms. Donaldson recommending 
that expanding funding for the DOE's Office of Inspector 
General by rescinding some of the funds given by Congress for 
carrying out the Infrastructure Investment Act and the 
Inflation Reduction Act, including funding for programs under 
your oversight, would be a good thing. Does DOE have the legal 
authority to transfer funds to the Office of the Inspector 
General?
    Mr. Crane. Senator Hirono, I am not an expert in that. I do 
know, as you are saying, that the Department, and I certainly 
support this, that the Inspector General's Office needs more 
funding. I think we have asked for 92 percent more funding for 
the next fiscal year for the Inspector General's Office, which, 
of course, we all support. The idea of can you reassign money, 
I am new to government, I have no idea if you are allowed to do 
that.
    Senator Hirono. Okay, well, you know what? Frankly, I 
believe that you in fact do not----
    Mr. Crane. Okay.
    Senator Hirono [continuing]. Have that authority. You 
should check, okay? Because while you agree that there should 
be more funds for the Inspector General under the programs that 
I mentioned, under the acts that I mentioned, I don't think you 
have that authority. So maybe we need to change the law or 
something so that you can provide more funding. We should think 
about that.
    So one of the points, again, made by Ms. Donaldson, is that 
the vetting process--and Secretary Crane, you mentioned that 
the vetting center process has worked. Is this the three-person 
center that Ms. Donaldson referred to?
    Mr. Crane. I don't think three persons is the current 
staffing of the----
    Senator Hirono. What is the current staffing?
    Mr. Crane. I am not, you know, I am not sure that that is, 
I mean, given the sensitive nature of what the vetting center 
does, I think it's more than double that in terms of the 
immediate employees, but they also leverage these other 
resources, like the intelligence and counterintelligence 
office. Senator Hirono, what I would say is, at least in terms 
of the financial assistance programs, the vetting center takes 
as much time as they need to review all that they need to 
review. So if you look at the $10 billion of awards that we 
announced within the last week on transmission hydrogen, if it 
had not been for the vetting center process, we would have been 
announcing those awards at the beginning of September.
    So they take their time. It's only when they are done and 
they are comfortable that we move forward with selection.
    Senator Hirono. Well, they have a big job to do, I take it, 
because it is a vetting center that makes all kinds of 
determinations relating to some $97 billion that the DOE got 
under these two acts that I mentioned. So even a doubling, that 
is six people. You can see that we have a concern about the 
adequacy of the resources that the vetting center has, and I 
think that it would behoove you to take a look at whether or 
not they are adequately sourced.
    Mr. Crane. Senator, it's a very good point. They are 
staffing up. And just, the Inspector General's concerns, all of 
our concerns about the $92 billion, we are all aligned on that. 
What I am just here to assure you is, none of the awards that 
we have announced in the last couple months have gone out 
without being thoroughly vetted by----
    Senator Hirono. I think it's very clear that we have 
concerns about making sure that the funds that were 
appropriated--historic funds--and I am not saying that we 
shouldn't have done it. In fact, we are really behind the eight 
ball in terms of climate change and the impact. So these bills, 
these acts were a good thing. We just want to make sure that 
these funds are going where they should.
    So turning to wildfires, Secretary Crane, communities in 
Maui are still recovering from the August wildfires. And one 
thing is certain, wildfire is becoming an increasing threat in 
communities all across Hawaii and in the West, particularly. 
Various utilities, including in California and Oregon, have 
taken steps in recent years to improve their equipment to 
better monitor for and be resilient during wildfire events. And 
these steps have come at significant cost. For communities with 
a relatively small population and utility rate base, like those 
in Hawaii and the rural West, what role do you see the Federal 
Government playing in helping utilities become more prepared 
for increasing wildfire risk?
    Mr. Crane. Senator, it's so important to every American 
that is exposed to that. And Hawaii did win one of the wildfire 
resilience awards for Maui, that was announced after the 
terrible fires there. The transmission awards that were just 
announced yesterday included four other awards across the 
western states for wildfire mitigation. And certainly, one of 
the good things about the transmission program is, there is a 
second tranche of funds that are going to be put to 
solicitation within the next couple months. And certainly, we 
are very happy with the wildfire mitigation we are doing in the 
first round. We'd love to see more of it in the second round. 
So----
    Senator Hirono. So basically, the role of the Federal 
Government is to provide resources--money to enable smaller 
communities in rural areas, communities such as in our state, 
to do the kind of mitigation that they need--that you are there 
as a source of funds.
    Mr. Crane. Yes, Senator, we are here to help.
    Senator Hirono. Thank you. We will need more of it.
    Thank you.
    The Chairman. Thank you.
    Senator Hawley.
    Senator Hawley. Thank you, Mr. Chairman. Thanks to all the 
witnesses for being here.
    Mr. Shah, can I just follow up. I didn't understand your 
answer to the Ranking Member or to the Chairman. Did you say--
so you do attend dinners with industry leaders where they pay 
to see you speak? Was that a yes or a no? I didn't hear.
    Mr. Shah. No, I attend many, many events, some of which I 
am invited to speak at----
    Senator Hawley. And they don't pay?
    Mr. Shah. And many don't pay and some are, like paid 
conferences and others, but one of the things----
    Senator Hawley. Wait, I'm sorry, wait, wait. That was a yes 
and a no. So let's just go back. Do you attend events where 
people pay to see you speak?
    Mr. Shah. I have attended where people pay to attend the 
event.
    Senator Hawley. Do you think that's a good idea?
    Mr. Shah. I think it's important for us to meet potential 
applicants, American innovators and entrepreneurs, who want to 
scale up their technology.
    Senator Hawley. Applicants for loan programs?
    Mr. Shah. Applicants for DOE funding.
    Senator Hawley. Wait a minute. Wait a minute--you think 
it's a good idea to go to events where people are trying to get 
federal money and they are paying to see you?
    Mr. Shah. They are not paying to see me.
    Senator Hawley. I thought you just said you spoke at events 
where people paid.
    Mr. Shah. Not to see me. I mean, I'm not that important.
    [Laughter.]
    Senator Hawley. Wow. You learn new things every day. You 
are--what is your title? You are the Director of what?
    Mr. Shah. Of the Loan Programs Office.
    Senator Hawley. You are the Director of the loan programs 
for the Federal Government, Department of Energy. People who 
want to get loans from the government are paying to see you, 
and you think that that's fine?
    That's not a rhetorical question.
    Mr. Shah. I think I have answered that I go to many 
conferences and events. I have had hundreds of stakeholder 
events. The goal is to get people----
    Senator Hawley. You are going to events where people are 
paying to see you, who want money from the government. You are 
the Director of the loan program. Do you think that that's 
okay? You don't see any conflict of interest with that?
    Mr. Shah. I think, given the extraordinary amount of 
improvements that we have made in our office, based on our work 
with the Inspector General and the Herb Allison report, et 
cetera, there is--I do not make a decision on whose 
applications are accepted within the loan program.
    Senator Hawley. But you don't think there is an appearance 
of a conflict of interest that people are paying to get access 
to you?
    Mr. Shah. I think it would be a conflict of interest if 
people are paying to get access to me, but I don't believe----
    Senator Hawley. Isn't that what they are doing when you 
speak at events people pay to get into? I mean, correct me if 
I'm wrong, I mean, if they are not paying, that is fine, but I 
thought you just said a second ago they are paying.
    Mr. Shah. We do a lot of public events, and we are very 
transparent as part of this Administration. Every time I get a 
question which is hard to answer, we help update our blog post 
and make sure that everyone knows what we are doing, but the 
goal of the Loan Programs Office is to get as many people as 
possible to think that they can actually commercialize their 
technology----
    Senator Hawley. Well, what I think they think is that they 
can get access to you by paying to go to these dinners. I mean, 
listen, it may not be an ethics violation. It should be, but 
maybe it's not. I just suggest to you, I don't think it's a 
good look. I don't think it's a good idea to go to paid dinners 
where people are paying money to get access to you because, in 
your own words, they want loans. They want loans, federal 
dollars, taxpayer money. They are paying money to go get access 
to you. I just, maybe that's really common. In fact, knowing 
this government, it probably is really common. But if it is, 
it's a bad idea. I just submit to you, I am kind of amazed by 
this.
    Ms. Donaldson, can I just ask you about another ethics 
issue at the Department of Energy? I'm so glad you are here, by 
the way. Thank you for being here and thank you for doing this 
job. The Wall Street Journal published back in February a 
report. I am just going to quote the headline. Here it is: 
``Hundreds of Energy Department Officials Hold Stocks Related 
to Agency's Work Despite Warnings.'' Have you been tracking 
this? Have you seen these reports?
    Ms. Donaldson. I have, Senator.
    Senator Hawley. So that includes, sadly, the Secretary of 
Energy, who testified right there, to this Committee, in 
response to questions from me that she didn't own any 
individual stocks. I asked her three times in April--do you own 
individual stocks? Three times. She said, no, absolutely not, 
absolutely not, absolutely not. Two months later she wrote the 
Chairman and said, actually, she did. And she didn't divest of 
them until May and then she did not tell us until a month 
later. That's a big problem. And the fact that she misled this 
Committee and did not tell us. The fact that we have all of 
these Energy Department officials holding stocks related to the 
agency's work. I mean, what is going on at DOE? Do you have 
authority to look into this, Ms. Donaldson?
    Ms. Donaldson. There is a mechanism set up in the law, 
which----
    The Chairman. Please use your microphone. Ms. Donaldson, 
please, just speak into it if you would, then we can all hear 
you.
    Senator Hawley. Maybe just, yes, pull it a little closer.
    Ms. Donaldson. So you can, in fact, hold stock and be an 
employee of the government. You cannot participate in any 
decisions that might impact the value of that stock. So there 
are different rules that apply here and those can be driven by 
Congress or they can be driven by regulation or policy. In that 
particular situation, when you spoke about--your questions 
about other DOE employees----
    Senator Hawley. Right.
    Ms. Donaldson [continuing]. They get notices reminding 
them, basically, so if they own stock in Ford, they will get a 
notice saying, don't forget, nothing having to do with Ford.
    Senator Hawley. Yes.
    Ms. Donaldson. So those notices don't carry with them any 
kind of penalty. It is part of the process set up to make sure 
they keep track of their own--what you would view to be a 
conflict or potential conflict.
    Senator Hawley. Okay. Well, my time is expired. Thank you 
for your work, Ms. Donaldson. I am going to send you a letter 
about this and hope that we might ask you to look into the--and 
I know the Ranking Member has already asked you to look into 
Secretary Granholm's testimony before this Committee. But I am 
firmly of the view that we need to change the law here. Senior 
executive branch officials should not be able to own individual 
stock, nor should Members of Congress. We shouldn't be stock 
trading, and nor should anybody who is sitting at this table.
    And so, I just am distressed by--it just piles up. And I 
will just say, this isn't a partisan issue. It happened in the 
last Administration. It is members of both parties of Congress. 
We shouldn't be doing it. I have got bipartisan legislation 
that would end this, and I think we need to end this practice 
once and for all. Thank you for being here.
    The Chairman. Thank you, Senator. And I will say that I 
think I am very supportive of that legislation.
    Let me say this to you all to clarify. Of 535 Members of 
Congress, I think that the majority, if not all of us, have 
spoken at conferences where people had to pay a registration 
fee to be there. They didn't have--I understand appearance-
wise, but you know, you have get your point across. I think the 
thing that we were concerned about, sir, Mr. Shah, is the one 
that you had definite ties to and if they had come back in. But 
still yet, we all were going to conferences. I give you 
CERAWeek. CERAWeek, that is a big, one--$1,000, $1,500, 
Democrats, Republicans, we all go and speak there because we 
think it's an access to that. And so, with that being said, I 
know you might feel you are unfairly targeted here, but----
    Senator Barrasso. But Mr. Chairman, I think there is a 
difference between going to a meeting and speaking where people 
pay a registration fee, but the group that we are talking about 
is a group that he founded--that he founded. And you have to be 
a member of the group to get special access to ten different 
opportunities to go with him, special access after you are a 
member, and they brag about it. They brag about it online. 
Hundreds of billions of dollars. They love him. He's the co-
founder of the group. Sign up. Join the group and you get 
special access. It's just wrong, Mr. Chairman.
    The Chairman. Got you.
    Anybody else want to say anything about that?
    Senator Heinrich. I don't think it's any different than 
going to CERAWeek. And we have all gone to conferences where 
people have paid to be there. I think what we have seen here 
is, after years and years of people complaining that government 
is unresponsive to private industry, we finally have an 
Administration who will meet anyone with any technology, 
whether it's fossil or renewable or nuclear, and actually work 
with them in a way that is friendly to the private sector. And 
that is not something that I think we should be discouraging, 
we should expect more of it.
    Senator Barrasso. Mr. Chairman.
    The Chairman. Senator Barrasso.
    Senator Barrasso. I want to submit for the record an 
article entitled ``Biden's Energy Loan Czar Founded a Trade 
Association. Now It's Selling Access to Him--Jigar Shah's 
Cleantech Leaders Roundtable regularly hosts events for 
companies looking for federal loans,'' it says, ``exclusive'' 
and ``invitation only,'' and included discussion panels with 
DOE officials on topics such as ``Show Me the Money.''
    Mr. Chairman, this is absolutely wrong and it needs to 
stop.
    The Chairman. Do you wish to submit that for the record?
    Senator Barrasso. I do.
    The Chairman. Without objection.
    [The article referred to follows:]

    [GRAPHICS NOT AVAILABLE IN TIFF FORMAT]    
   
    The Chairman. Senator Hickenlooper.
    Senator Hickenlooper. I'm dying to weigh in on this 
discussion, you know?
    [Laughter.]
    Senator Hickenlooper. Back when I was a geologist----
    The Chairman. Here we go.
    Senator Hickenlooper [continuing]. We would go to CERAWeek. 
We would go to the American Association for Petroleum 
Geologists, the Geological Society of America. They would 
always have these special dinners where you would have to pay 
to go to the dinner and you would be there and Republicans 
would pay, Democrats would pay, and they would talk to--or just 
people like me. Back in those days, I was not much involved in 
politics, but you wanted to hear from the highest sources you 
could what the landscape looked like. And I'm a big believer in 
pretty much every opportunity to get more information out to 
more people what we do better as a country.
    Mr. Crane, let me start with you. Obviously, 
electrification is key to this great transition, as we call it. 
We are going to need a reliable and robust grid if we are going 
to take full advantage of the renewable resources that we are 
bringing online. Oftentimes, where we have renewable resources, 
we don't have the needed transmission to get those resources to 
where the demand is. We recently introduced our BIG WIRES Act, 
that will hopefully make the grid more reliable. It will 
connect that low-cost power to where the greatest demand is, 
whether it's from electric vehicles or whatever. Has DOE taken 
a close look, and maybe you could describe it a little bit, in 
terms of interregional transmission connectivity?
    Mr. Crane. Senator Hickenlooper, thank you for your 
question. Thank you for your leadership in this area. From 
Secretary Granholm on down, the focus on strengthening and 
smartening up the transmission system is of the highest 
priority within the Department of Energy. The particular 
challenge of interregional transmission is first and foremost 
on our mind. It is a big part of what the Transmission Office 
is focused on. We are excited about some awards that are going 
to be announced in the next few weeks as part of the 
Transmission Facilitation Program, which was part of the 
Bipartisan Infrastructure Law. And we look forward to your 
legislation, and anything we can do to strengthen the 
transmission system is good news for us.
    Senator Hickenlooper. And this basically is a catalyst, and 
accelerates the investments we are making in other aspects, 
right, in the generation?
    Mr. Crane. Precisely.
    Senator Hickenlooper. Great, I appreciate that. And you 
know, the other thing that, just finishing that last thought, 
we all--Republican and Democratic Senators all come to you all 
for these grants that are going out at breakneck speed. I think 
you guys are doing a remarkable job. The Chair received a 
hydrogen hub grant of significant size. Colorado did not. I 
would argue that we are more than qualified. I can go down all 
the lists, but that is--the key here is to make sure that we 
have full access, which we all did. We provide the information. 
You have professionals helping make these best decisions we 
could possibly make. Who gets a loan? Who gets a grant? I think 
that is the nuts and bolts of this is that these are complex 
issues where we are doing the best we can. And the best 
requires that we have access, as much as possible, to the 
people that are going to utilize these grants or these loans.
    Mr. Shah, let me ask you a question. Your job, your office 
is responsible for seeking out and boosting the most promising 
innovations that will help us on this great transition in 
energy. Critical minerals--I always call them essential 
minerals, but that's back--I am dating myself--when I got on my 
master's in earth and environmental science. When we introduced 
BIG WIRES, part of that really shone a bright light on--you 
know, my geology background said that we had to dig deeper--pun 
intended--into critical minerals, or essential minerals. How is 
the DOE working to build our domestic capabilities on critical 
minerals, particularly when it comes to processing and advanced 
manufacturing?
    Mr. Shah. Thank you, Senator, for that great question.
    The Department of Energy has many different offices working 
on critical minerals. The Advanced Manufacturing Office, the 
Manufacturing Supply Chain Office, and then the Loan Programs 
Office was allowed to invest into critical minerals through the 
Advanced Technology Vehicle Manufacturing Program for minerals 
that are related to EV batteries, and then out of Title 17 for 
other critical minerals. We have worked in collaboration with 
our partners at DOE, but also at DOD, where they have a Defense 
Production Act mandate to do earlier-stage investigation. So, I 
think what we found is, is that the ecosystem around critical 
minerals really has to be built up. And so, for those folks who 
are earlier stage, they are going to the Department of Defense. 
We really focus on the folks who are at the end of the process 
that are ready to start processing critical minerals.
    And so, with that, we have issued a couple of conditional 
commitments. One for a graphite processing facility in 
Louisiana, where we are taking some of the highest quality 
natural graphite away from China and redirecting it here to the 
United States, as well as finding ways to get lithium out of 
the ground in Nevada. We have also provided two loans to folks 
who are using next-generation technologies on recycling 
existing batteries and old batteries that are spent. One was 
Redwood Materials in Nevada and the other one is Li-Cycle in 
Rochester, New York. We have several billion dollars, about $7 
billion of additional loan applications that have come in, and 
we work very closely with them, including referring them to 
other offices if they are too early for us.
    Senator Hickenlooper. Great.
    Well, thank you all for your public service, and I realize 
these are tumultuous times around the field of energy, and I 
have great respect for your willingness to keep working at this 
despite all the tumultuous events.
    Mr. Crane. Senator Hickenlooper, would you mind--your 
previous comment where you didn't ask a question was about 
Colorado's application in the hydrogen hub area and it's--I 
should have made a point to Senator Cassidy, which I am now 
making to you, which is, our goal with these regional hydrogen 
hubs is for them to expand organically. And there were lots of 
worthy projects. A winning project in Texas, which we would 
like to see expand into Louisiana. A winning project, 
essentially, in North Dakota, that we would like to see expand 
into Colorado. I have already given that message directly to 
your friend and mine, Mr. Frenzel of Xcel, that this is the 
goal, is to create a national hydrogen economy as quickly as we 
can.
    Senator Hickenlooper. Right, a full-blown network. I 
understand. And I was really just trying to needle the Chair a 
little bit about his hydrogen hub that he is so proud of.
    The Chairman. We are extremely proud, sir.
    [Laughter.]
    Senator Hickenlooper. Thank you. Appreciate it.
    The Chairman. Senator Murkowski.
    Senator Murkowski. Thank you, Mr. Chairman, and we are kind 
of happy that we qualified for the GRIP grant coming out of DOE 
this week. That was good news for Alaska. Not quite the 
hydrogen hub, we are still in the envy category there, and we 
are continuing to work on that. We did get a communication that 
we were being discouraged on that, but we will not be 
discouraged because we have extraordinary opportunity, as I 
think most of you know.
    This first question, Mr. Shah, should be super-easy, and it 
follows on Senator Hickenlooper talking about critical 
minerals. You mentioned the graphite project there in 
Louisiana. You have heard me, and the Secretary has heard me 
comment that I think it's better if we can get the domestic 
resource here. That is why we call it domestic resource. Let's 
get it here. Let's not get it in Mozambique. I would just hope 
that you can commit to this Committee that the LPO will 
prioritize loan applicants that are developing domestic sources 
and U.S.-based supply chains for our critical minerals. That 
should be an easy one, I hope.
    Mr. Shah. We absolutely believe that we should be onshoring 
and reshoring our entire critical mineral supply chain and I 
completely agree with you, Senator.
    Senator Murkowski. Good, good.
    Let me talk about a couple of our big projects, neither of 
which are new to either one of you. I mentioned GRIP and our 
grid modernization. That is really exciting, I think, for our 
potential moving forward. Another one that we have been working 
on for decades and decades is how we can monetize and move our 
natural gas from the North Slope. It's big, and you know it's 
big. But it also has extraordinary potential, not only for 
Alaska's energy security, but the entire West Coast and our 
partners and allies in Asia, who are very, very interested in 
this. And during the negotiations of the Infrastructure Law, we 
asked the Department, what is the language that we need to 
allow the gas line to qualify for loan guarantee from the LPO. 
And we got the necessary language. We reviewed it. We all 
agreed that it worked. We included it into the Bipartisan 
Infrastructure bill. It was signed into law. And I know we all 
have different lawyers that can come up with different legal 
arguments, but we are looking at the response now from DOE and 
kind of saying it feels like we got the rug pulled out from 
underneath us with regards to where the Department is coming 
from in the authorities there.
    So the question this morning, and to either one of you, is 
whether or not you are aware of any authorities that either you 
or the Secretary has to utilize already-appropriated dollars 
for the purposes that were laid out in this Infrastructure Law. 
And I am hoping that we are going to be able to resolve this to 
make sure that we are meeting the intent under the laws there, 
so any comments that you may have on this--we just met the 
Governor yesterday on this and are trying to get some 
clarification from the Department.
    Mr. Shah. Thank you, Senator.
    As you know, I have regularly met with the team that is 
working on developing that project, and I think we also 
continue to provide technical assistance to your staff and the 
rest of the delegation. You know, the goal here is to have 
American innovators and entrepreneurs be able to build their 
projects here in the United States. And so I think we are fully 
aligned with your intent here around making sure these big 
projects come to fruition.
    Senator Murkowski. Well, you can understand the 
frustration, though, when we worked with the Department to get 
the assistance on the language. We all thought that we were 
pretty clear here. And now the law is in place and we have 
differing interpretations. I am hopeful that we are going to 
see, in this next budget, that the Secretary includes whatever 
resources are necessary to establish this program in the 
office, if you believe it goes otherwise, but we continue to be 
pushing on this. And again, we feel pretty strongly that the 
Secretary has the authorities to move forward with this.
    Let me move forward to another big project. And again, this 
is one where you have great familiarity. This is one of my 
favorite geothermal projects in Alaska, trying to develop the 
Makushin Project outside of Unalaska in the Aleutian chain. The 
Chairman is very familiar with it as well. But it's exciting 
because what this would do is decarbonize one of the busiest 
fishing ports by volume in the world, not just in the United 
States, but in the world. And Makushin has been doing their due 
diligence. They've been working with the Q Tribe there in 
Unalaska for years. Trident Seafoods, you know, significant 
seafood producers looking to decarbonize their own processes. 
They have developed plans to move their processing facility to 
Unalaska to capitalize on this renewable power from Makushin.
    So together, it's extraordinary what can happen. It is 
transformative what can happen. And it's kind of one of these 
chicken and egg type things right now. And we have significant 
large-scale infrastructure projects that are contingent on 
completion of some of these energy innovations. So what we are 
trying to do, as you all know, is reduce emissions. We are all 
in agreement here. This works for everybody. And so we need to 
be able to be working together to get to ``yes'' rather than 
continuing to find ways that if you have not met this 
chronological gate here, we can't move forward. There is so 
much riding on this, and I need to emphasize and re-emphasize 
the significance of what this can mean, not just for this 
state, but for the global seafood industry. But again, we are 
trying to stand on our own here and we just need a little bit 
of help.
    So if either one of you have any great updates that you can 
share with me, that would be very welcome.
    Mr. Shah. Senator, as you know, I am not allowed to share 
any details under the Trade Secrets Act from folks who have 
applied to the Loan Programs Office, but what I will say is 
that we have had a great partnership with your office and the 
State of Alaska. As you know, your state energy financing 
institution provision in the bill has been fully implemented. 
We have onboarded AIDEA as----
    Senator Murkowski. And they are very excited about that.
    Mr. Shah. As well as we are looking at several other 
institutions in Alaska to do that. We have also hired, I think 
you know, Joe Jacobson, in Alaska, to really focus on making 
sure we are providing the customer service that we need to all 
the extraordinary projects that we are seeing out of your 
state.
    Senator Murkowski. Mr. Chairman, I have a whole bunch of 
other questions I will submit for the record, but I look 
forward to follow-up with both you, Mr. Crane and Mr. Shah, and 
to our IG, thank you for your work, appreciate it.
    The Chairman. Thank you.
    Senator Padilla.
    Senator Padilla. Thank you, Mr. Chair.
    You know, earlier in her comments, Senator Murkowski 
mentioned the GRIP program, and I know Senator Hirono asked 
questions that I want to build on, but I want to remind us all 
that part of the Bipartisan Infrastructure Law allows for the 
Grid Deployment Office to administer the $10.5 billion Grid 
Resiliency Innovation Partnership Program to enhance grid 
flexibility and resiliency. Now, resiliency of the grid to 
extreme weather events has been a major priority of mine, with 
California being sort of an exhibit A on the real-time impacts 
of the climate crisis. So I was thrilled to hear yesterday's 
announcement of $3.46 billion under the GRIP program for 58 
projects across 44 states, including multiple projects in 
California.
    Now, as with any award, there is good news for those who 
received an award and questions by those who had applied but 
were unsuccessful, at least in this particular round. A 
question for Mr. Crane--how are we ensuring that there is a 
wide array of selected applicants, particularly the types of 
entities owning and operating the infrastructure they are 
trying to enhance?
    Mr. Crane. Thank you, Senator, for the question. Welcome to 
the Committee and congratulations on the awards that California 
received yesterday. I actually got to visit with the Mayor of 
Los Angeles. She came through our office yesterday. And so we 
were very excited about that. I don't know--the expression 
``the proof is in the pudding''--I think the 58 awards for the 
grid were in 40 states. And the good news, you mentioned the 
$10.5 billion. Only $3.5 billion is going out. So there will be 
a second round of awards. And as I mentioned a little earlier, 
we are very keen to see more wildfire mitigation. And one of 
the things we are doing on all the follow-on FOAs is doing a 
gap analysis, so that as we put out the second FOA, we can sort 
of guide applicants from across the country to what we felt was 
left undone by the first.
    And so, we have webinars, you know, we put it right into 
the FOA language, and we are happy to have direct 
conversations, if you would like.
    Senator Padilla. Wonderful.
    And just confirm for me that that would include not just 
new applicants, but applicants that were unsuccessful this 
round getting some sort of feedback and guidance on how to have 
a higher quality application, maybe, next go-round, and be more 
competitive.
    Mr. Crane. We definitely are willing to give feedback to 
applicants as much as we can, you know, it's just some of these 
processes are ten times oversubscribed. So sometimes it can--we 
know there is a lot of frustration there. We are trying to work 
through that, Senator, but we will do our best to provide any 
direct feedback on individual unsuccessful applications that we 
can.
    Senator Padilla. Okay.
    Now, another element of the Bipartisan Infrastructure Law 
was the creation of the Joint Office of Energy and 
Transportation in our efforts to help deploy zero-emission 
vehicles and expand related infrastructure. It seems that to 
date the joint office is focused almost exclusively on light-
duty vehicles, despite the fact that it is heavy-duty vehicles 
that disproportionately contribute to the adverse air quality 
in communities where there are concentrations of goods-movement 
facilities and infrastructure. So one of the reasons I am glad 
to be part of this Committee now is to help raise this issue, 
and anybody who has monitored hearings in the Environment and 
Public Works Committee, where I am a member, knows that I have 
repeatedly asked about the impacts to California's air quality, 
particularly to those areas with significant goods-movement 
infrastructure and the need to transition to zero-emission 
heavy-duty vehicles and build out that corresponding 
infrastructure.
    So Mr. Crane, once again, how could the Joint Office expand 
its focus to also prioritize zero-emission medium- and heavy-
duty infrastructure as part of its core mission?
    Mr. Crane. Thank you, Senator, and thank you for your focus 
on this area. I spoke to Gabe, who runs the Joint Office, 
specifically about this point a few months ago and he confirmed 
what you said, that most of their programs were on light-duty 
vehicles. We think now that we have the selections out there, 
particularly on hydrogen, and of course, as you know, there is 
a question of where do battery vehicles stop and hydrogen 
begins? We have the California hub, for which a key part of its 
success was the possibility of creating hydrogen-powered 
vehicles to do drayage out of the Port of Los Angeles and Long 
Beach. There is also the Pacific Northwest hub. We would love 
to see the western states become--for Class 7, Class 8 
vehicles--a hydrogen-powered corridor, you know, both for 
decarbonizing and for local air quality purposes.
    So we would love to work with you and Senator Cortez Masto 
to do that in your region.
    Senator Padilla. Thank you.
    And I, too, will be submitting some additional questions 
for the record after today's hearing, but just to end on this 
note, I look forward to working with you to ensure that 
eligible utilities, particularly those serving areas around 
high-priority ports, industrial zones, and freight corridors 
are submitting the high-quality, high-need applications. And we 
also want to look at leveraging funding across programs and 
across agencies to get to maximum benefit.
    So thank you, Mr. Chair.
    The Chairman. Thank you, Senator.
     Senator Cortez Masto.
    Senator Cortez Masto. Thank you, Mr. Chair.
    So let me follow up because I, too, obviously, in the State 
of Nevada, as you well know, Under Secretary, we talked about 
this. We applied for the Southwest Hydrogen Innovation Network, 
and I get it, there is only so much money to go around at any 
one point in time. I hear from all my colleagues. Some of us 
are disappointed. Some of us are happy. I guess that is a good 
thing because you are not pleasing everyone, right, at the same 
time you are hearing from everyone. But the goal here, I think, 
for many of us, and I am open to this and I appreciate your 
comments about some sort of a broader coalition in the regions 
when it comes to some of the renewable energy, particularly 
around the hydrogen innovation, as you well know. We have Air 
Liquide in Nevada. We have partnered in Nevada with Arizona. I 
think there is an opportunity for us to explore this even 
further. So thank you for your comments.
    I am going to jump to something off of hydrogen right now, 
which is the battery grant programs. Nevada is leading the 
nation in battery manufacturing and recycling. We have the 
capacity to support the entire supply chain in my home state. 
For example, Nevada has enough lithium to supply the world for 
85 years--85 years, and in the last years alone, we have seen 
the clean transportation battery industry create 7,400 new jobs 
in Nevada and deliver $13 billion of investment. That is why I 
call Nevada--it's an innovation state. I am very proud of it. I 
have worked to lead the efforts to capitalize on this clean 
energy revolution through the Bipartisan Infrastructure Law. 
And now, companies in my state, like American Battery 
Technology, Redwood Materials, and others are receiving vital 
investments from the Department of Energy. And so, thank you.
    Under Secretary Crane, let me just say, would you agree 
that these facts and the recent DOE investments in Nevada show 
the vital role that we can play in addressing our country's 
supply chain needs?
    Mr. Crane. Yes, I would agree that Nevada is a critical 
part of the critical mineral supply for batteries, which, of 
course, are essential to the electric vehicle revolution. And 
as you know, you have the two awards from the first battery 
solicitation. There is a second battery solicitation--or supply 
chain solicitation that will be out shortly and we are looking 
to even do more across the battery supply chain.
    Senator Cortez Masto. And we will be paying close 
attention.
    Would you also agree that ensuring these investments are 
happening throughout the country, and not just in some of the 
traditional manufacturing regions of the U.S., actually 
strengthens our economy and our national security?
    Mr. Crane. Absolutely, and I believe when it's all said and 
done, we will have Bipartisan Infrastructure Law investments in 
every state.
    Senator Cortez Masto. Thank you.
    I only have about two minutes left, and a number of 
questions for everyone, but I am going to focus, Mr. Shah, on 
the Tribal Energy Loan Guarantee. As you are aware, I worked 
with my colleagues last Congress to provide a crucial fix to 
the Tribal Energy Loan Guarantee Program. Specifically, the 
Inflation Reduction Act allows for the Department to issue 
loans to tribes and tribal organizations through the Federal 
Financing Bank. Now, you touched on this in your written 
testimony. One, can you build on that and outline the ways that 
the IRA fix provided those necessary resources and structure to 
assist tribes and get energy projects up and running? And then, 
two, has DOE LPO seen an increase in interested applicants 
since the enactment?
    Mr. Shah. Thank you for your question, Senator.
    It is absolutely true that when I came into office the 
Tribal Energy Financing Program was not well-structured and the 
feedback that we got from the tribes was that it was not really 
meeting its needs. We have spent a lot of time with the tribes 
to make sure that we could reposition the program in a way that 
would actually meet their needs. For instance, we had very high 
fees to access the program. We had a lot of complications in 
the way in which it was structured. Those have largely been 
simplified. And then, as you suggested, the access to the 
Federal Financing Bank was really the key, right? Before that 
was passed, a tribe would have to work through a local bank, 
many of whom, you know, wanted them to waive their sovereign 
rights, et cetera. And we could provide only a guarantee. 
Today, we have the ability to work with the tribes in the way 
in which they wished to be worked with. And it has resulted in 
many applications coming in.
    So we have over a billion dollars of applications today 
that we are evaluating. We hope that the first one will be out 
the door here soon, but it requires a couple of additional due 
diligence points to be completed. But we are very excited about 
making sure that the tribes actually have that ability to 
realize all of the energy projects that they really want to 
participate in.
    Senator Cortez Masto. Thank you.
    Thank you, Mr. Chairman.
    The Chairman. Thank you.
    I have one, just one question for the second round, real 
quick, and Mr. Crane it is to you.
    In order for the hydrogen hub in West Virginia--we will use 
that because it is a big transitional area with a lot of fossil 
and we are looking at how can we mitigate a lot of that to the 
point where we do not threaten the fossil that we need today by 
being able to produce the energy that we are going to need in 
the future. So with that, the Administration needs to provide 
investment certainty to hydrogen producers. The producers of 
hydrogen have been working with Argonne National Lab, I think 
you know, for nearly a year, to ensure the GREET model. I don't 
know if you have ever heard of the GREET model, but the GREET 
model is Greenhouse gases, Regulated Emissions, and Energy use 
in Technologies. That is the GREET model.
    So Argonne National Lab has been doing that model, and it 
follows the science, not the politics, but the science for 
different types of feedstocks used to produce hydrogen, 
including coal-mined methane, which is very harmful, as far as 
the emission and vetting. So any way we can get that out of the 
atmosphere soon would be great. However, I have been informed 
that the Department of Energy has delayed the release of the 
updated GREET model to certify clean hydrogen.
    So Mr. Crane, I guess what we are asking is, can you assure 
that they will stay with the science of the Argonne Lab for the 
GREET model, and it will follow that science to not 
discriminate against different feedstocks based on the 
Administration's, maybe political preferences, and when do you 
think the Argonne National Laboratory will have the GREET model 
for the hydrogen credit released?
    Mr. Crane. Well, Senator, thank you for the question. Thank 
you, actually, for raising my own awareness about the 
importance of the GREET model, which, as you know, as you just 
alluded to, has historically been used for national lab 
purposes and now is part of informing tax policy in the United 
States. And the direct answer to your question is, I will 
assure you that the GREET model won't be modified for any 
political purposes.
    The Chairman. That's good.
    Mr. Crane. It won't be prejudiced against for pathways, but 
coal-bed methane, as you mentioned, also renewable natural gas, 
is a very important part of that effort, and we, thanks to your 
question, we have an internal review process going on next week 
just to find out where the state of play is across the agency, 
so----
    The Chairman. Great. I misled you. I have one more.
    [Laughter.]
    The Chairman. This is to Mr. Shah and Mr. Crane.
    Do you all agree that the grants and loans under your 
office are capped by the IRA and the Bipartisan Infrastructure 
Law? Are they capped?
    Mr. Shah. Yes, I mean, the way that the----
    The Chairman. You know what you have to work with, right? 
You are capped out at that.
    Mr. Shah. Yes, we have a specific amount of loan authority 
and a specific amount of credit subsidy.
    The Chairman. Okay.
    Mr. Crane. And on the financial assistance side, 
absolutely, and if we ever looked like we were committing more 
money than you had given us, OMB would be on us like a ton of 
bricks.
    The Chairman. Well, I know some of the testimony today 
sounded like we are just throwing caution to the wind, just 
kind of throwing the money out there.
    Mr. Crane. No.
    The Chairman. And also, inflation. Inflation, I will say, 
came down from nine percent to three percent a year after 
Inflation Reduction Act took effect. So I have my challenges 
with the Administration. I think you all know it. But on the 
whole, we are producing more energy than ever. That is a fact. 
And we are producing more wind and solar. And we are 
investing--we are producing the energy we need today and we are 
investing in the energy we want tomorrow. But we are not going 
to get rid of what you need today until we have the ability to 
replace it with basic dispatchable power that gives us 24/7. 
That is what we are working toward. And we have to get 
permitting advanced and we are working very diligently on that 
and hopefully we will have something to offer to the Committee 
very shortly.
    Senator. Okay.
    Senator Cortez Masto. I do want to add to the conversation. 
I appreciate, Mr. Chairman, your comments, and this idea that, 
at the end of the day for our renewable energy portfolio, it is 
very diverse, but one thing we keep forgetting, and I heard it 
right today, I think, for the first time, other than my 
advocacy for it, is from the Senator from Alaska, is 
geothermal--right? Along with the investment tax credits we did 
for solar, we also did really incentivize geothermal, which is 
a key energy producer for us that is clean.
    So Under Secretary, can you talk a little bit about what 
DOE is doing with respect to promoting geothermal energy as 
well?
    Mr. Crane. Well, the other side of the DOE is doing a lot 
on geothermal on the R&D side within the Infrastructure Under 
Secretary. We do not have a specific bucket of money for 
geothermal the way we have for advanced nuclear or hydrogen. 
But we do have programs like what we call the ERA, the rural 
and remote, the billion dollars there where we would welcome 
geothermal proposals so that we could help advance, because we 
share, and the Secretary very much shares the idea that 
geothermal should be a building block of American energy 
security.
    Senator Cortez Masto. Thank you.
    The Chairman. Senator Heinrich, do you have any--Senator 
Heinrich, you are okay?
    Let me just thank all of you. I know it has been a little 
long, and we enjoyed it, but I think it has been very 
informational and I think you get a little flavor of how, first 
of all, we are all very, very committed to energy that our 
country needs and how we can lead the world. And I think we 
have a chance of doing that. We want to hold ourselves 
accountable, and Ms. Donaldson, we think you will do that and 
we want to make sure you have the resources to do that. We want 
to make sure that we are able to get the new technology that we 
need and also be able to fulfill our commitment to the climate 
that we all have a responsibility for, but also provide the 
energy the country needs. I think it's kind of an all win-win 
situation if we work together.
    So with that, members are going to have until the close of 
business tomorrow to submit additional questions for the 
record.
    And with that, I thank you. The meeting is adjourned.
    [Whereupon, at 11:58 a.m., the Committee was adjourned.]

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