Renewable Energy Project Financing: Improved Guidance and Information Sharing Needed for DOD Project-Level Officials

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Description

A letter report issued by the Government Accountability Office with an abstract that begins "To finance renewable energy projects, the military services use up-front appropriations, such as operation and maintenance funds, and alternative-financing approaches that generally rely on private capital, such as arranging financing and implementing a project with a private developer or utility. The military services have funded about 85 percent of nearly 600 projects that were in design, under construction, or operating in fiscal year 2011 with up-front appropriations, but financed 8 of the 9 large-scale projects and 19 of the 57 medium-scale projects with alternative financing. Several ... continued below

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United States. Government Accountability Office. April 4, 2012.

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Description

A letter report issued by the Government Accountability Office with an abstract that begins "To finance renewable energy projects, the military services use up-front appropriations, such as operation and maintenance funds, and alternative-financing approaches that generally rely on private capital, such as arranging financing and implementing a project with a private developer or utility. The military services have funded about 85 percent of nearly 600 projects that were in design, under construction, or operating in fiscal year 2011 with up-front appropriations, but financed 8 of the 9 large-scale projects and 19 of the 57 medium-scale projects with alternative financing. Several factors affect the military services’ use of financing approaches, including perceived benefits and drawbacks such as how long it takes to obtain funding."

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Government Accountability Office Reports

The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for the U.S. Congress investigating how the federal government spends taxpayers' money. Its goal is to increase accountability and improve the performance of the federal government. The Government Accountability Office Reports Collection consists of over 13,000 documents on a variety of topics ranging from fiscal issues to international affairs.

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  • April 4, 2012

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  • June 12, 2014, 7:50 p.m.

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United States. Government Accountability Office. Renewable Energy Project Financing: Improved Guidance and Information Sharing Needed for DOD Project-Level Officials, report, April 4, 2012; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc302006/: accessed December 17, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.