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This presentation is an overview of the ARRA Recovery Act related to Energy Projects
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The Janis Group, Inc.The Janis Group, Inc.
The American Recovery and The American Recovery and Reinvestment Act of 2009 Reinvestment Act of 2009
OverviewOverview Highlighting Highlighting US Department of Energy InvestmentsUS Department of Energy Investments
By Jim JanisBy Jim JanisPresident, The Janis Group, Inc.President, The Janis Group, Inc.
Presented to Waste Management 2010Presented to Waste Management 2010March 10, 2010March 10, 2010Session No. 69Session No. 69
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Four keys to understanding Four keys to understanding ARRAARRA
1.1. Get with the programGet with the program – understand – understand ARRA’s purpose and objectivesARRA’s purpose and objectives
2.2. Follow the moneyFollow the money – know where and how – know where and how the funds are being spentthe funds are being spent
3.3. Understand ARRA’s audit and reporting Understand ARRA’s audit and reporting requirementsrequirements – there are lots of them – there are lots of them
4.4. Stay flexible and informedStay flexible and informed – ARRA’s – ARRA’s implementation practices change implementation practices change frequently, and more funds may become frequently, and more funds may become availableavailable
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No. 1. Get with the programNo. 1. Get with the program – understand ARRA’s – understand ARRA’s
purpose and objectivespurpose and objectives
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Overview of ARRAOverview of ARRA Signed February 17, 2009Signed February 17, 2009 Purpose:Purpose:
preserve and create preserve and create jobsjobs to to promote economic recoverypromote economic recovery
assist those most impacted assist those most impacted by the recessionby the recession
invest in science and health-invest in science and health-care technologycare technology
invest in infrastructureinvest in infrastructure stabilize state and local stabilize state and local
government budgetsgovernment budgets Total cost: $787 billionTotal cost: $787 billion
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No. 2. Follow the moneyNo. 2. Follow the money – – know where and how the know where and how the
funds funds are being spentare being spent
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Did you say that there was Did you say that there was money left in DOE’s ARRA money left in DOE’s ARRA
programs?programs?
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DOE Recovery Act FundsDOE Recovery Act Funds
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DOE ARRA OverviewDOE ARRA Overview
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DOE Recovery Act FundsDOE Recovery Act Funds Energy Efficiency & Energy Efficiency &
Renewable Energy: Renewable Energy: $16.8B$16.8B Weatherization: $5.0B Weatherization: $5.0B State Energy Program: State Energy Program:
$3.1B $3.1B Advanced Batteries Advanced Batteries
& Manufacturing: & Manufacturing: $2.0B $2.0B
Energy Efficiency & Energy Efficiency & Renewable Energy: Renewable Energy: $6.7B$6.7B
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DOE RECOVERY ACT DOE RECOVERY ACT FUNDS (cont.)FUNDS (cont.)
Environmental Management: $6.0BEnvironmental Management: $6.0B Smart Grid & related programs: $4.5BSmart Grid & related programs: $4.5B Fossil Energy R&D: $3.4BFossil Energy R&D: $3.4B Office of Science: $1.6BOffice of Science: $1.6B ARPA-E: $0.4BARPA-E: $0.4B DOE Total: $32.7BDOE Total: $32.7B
(excluding loan programs)(excluding loan programs) Innovative Technologies Loan Guarantees: $6.0B*Innovative Technologies Loan Guarantees: $6.0B* DOE Power Administration Borrowing Authority: DOE Power Administration Borrowing Authority:
$6.5B$6.5B *$6B is allocated to underwrite up to $60B in *$6B is allocated to underwrite up to $60B in
loansloans
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DOE RECOVERY ACT DOE RECOVERY ACT FUNDS (cont.)FUNDS (cont.)
There are three important There are three important web sites for tracking web sites for tracking DOE recovery funds:DOE recovery funds:www.www.energy.govenergy.gov/recovery/recovery www.recovery.govwww.recovery.govwww.recovery.orgwww.recovery.org
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DOE Secretary Chu slashes red DOE Secretary Chu slashes red tape for stimulus energy loan tape for stimulus energy loan
guaranteesguarantees DOE has DOE has
announced a series announced a series of steps that will of steps that will streamline the streamline the process of using process of using the stimulus the stimulus money to get loan money to get loan guarantee and guarantee and grant projects grant projects startedstarted
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DOE Secretary Chu slashes red DOE Secretary Chu slashes red tape for stimulus energy loan tape for stimulus energy loan
guarantees guarantees (cont.)(cont.)
There will no longer be any There will no longer be any deadlines for grant applications, deadlines for grant applications, and evaluation will start when and evaluation will start when the application is received, an the application is received, an approach the DOE is calling approach the DOE is calling "rolling appraisals.""rolling appraisals."
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No. 3. UnderstandNo. 3. UnderstandARRA’s audit and reporting ARRA’s audit and reporting
requirementsrequirements – there are lots – there are lots of them of them
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No. 4. Stay flexible and informedNo. 4. Stay flexible and informed – – ARRA’s implementation practices ARRA’s implementation practices will change frequently, and more will change frequently, and more
funds may become availablefunds may become available
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ResourcesResourcesand Important ARRA Linksand Important ARRA Links
Federal Government LinksFederal Government Links Full text of the ARRAFull text of the ARRA -- the final -- the final
version of the ARRA (H.R. 1) as version of the ARRA (H.R. 1) as passed by the U.S. House and Senate, passed by the U.S. House and Senate, and signed by President Obama and signed by President Obama
Conference Report to Accompany H.RConference Report to Accompany H.R. 1. 1
www.recovery.gov www.recovery.gov – the Executive – the Executive Branch site for tracking all ARRA Branch site for tracking all ARRA fundsfunds
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ResourcesResourcesand Important ARRA Linksand Important ARRA Links
Environmental Protection Agency WebEnvironmental Protection Agency Web
site on Federal Stimulussite on Federal Stimulus
Health and Human Services Dept. WebHealth and Human Services Dept. Web
site on Federal Stimulussite on Federal Stimulus
Dept. of Energy Website on Federal StiDept. of Energy Website on Federal Sti
mulusmulus
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ResourcesResourcesand Important ARRA Linksand Important ARRA Links
Tax Benefits for Individuals from Tax Benefits for Individuals from the American Recovery and Reinvthe American Recovery and Reinvestment Actestment Act
Federal Grant InformationFederal Grant Information Apply for Federal GrantsApply for Federal Grants Byrne Justice Assistance Grant (JByrne Justice Assistance Grant (J
AG) Fund InformationAG) Fund Information
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ConclusionConclusionKeys to understanding ARRAKeys to understanding ARRA
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Keys to understanding Keys to understanding ARRA ARRA
1.1. Get with the programGet with the program – understand – understand ARRA’s purpose and objectivesARRA’s purpose and objectives
2.2. Follow the moneyFollow the money – know where and – know where and how the funds are being spenthow the funds are being spent
3.3. Understand ARRA’s audit and Understand ARRA’s audit and reporting requirementsreporting requirements – there are – there are lots of themlots of them
4.4. Stay flexible and informedStay flexible and informed – ARRA’s – ARRA’s implementation practices are implementation practices are changing frequently, and more funds changing frequently, and more funds may become availablemay become available
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Contact InformationContact Information
Jim Janis
The Janis Group, Inc. and Janis-Bradburne Executive Recruiting LLC
Email: [email protected]
Web Site: http://www.JanisGroup.com
Office: 505-438-3080 Cell: 505-690-3243
PO Box 749 Cerrillos, New Mexico 87010 USA
Cerrillos, New MexicoCerrillos, New Mexico