Title 42 › Chapter CHAPTER 125— - RENEWABLE ENERGY AND ENERGY EFFICIENCY TECHNOLOGY COMPETITIVENESS › § 12005
Creates a five-year program that makes money available to help turn renewable energy and energy-efficiency technologies into commercial products. The Secretary must ask for project proposals and pick demonstration or commercial projects that make or sell energy, improve energy use, or expand factories that build these technologies. Each chosen project must include at least one for‑profit business, be done in the United States, and require that any product or invention made for commercial sale be manufactured mostly in the United States. The Secretary must start asking for proposals no later than 9 months after October 24, 1992, may let the deadline be extended up to 90 days, and must pick winners within 120 days after the closing date. An advisory committee must be created and must report within 18 months after October 24, 1992. The Secretary will use evaluation rules that look at need for federal help, market and export potential, energy and environmental benefits, technical merit, private investment, proposer history, and other factors, and will try to get technical and geographic variety. The Secretary can use several types of funding agreements (see section 13541), can share interest costs with private lenders, and must follow cost‑sharing rules in section 13542(b) and (c). Up to $50,000,000 was authorized for fiscal year 1994. Technologies covered include things like biofuels, solar (photovoltaic and thermal), wind, geothermal, fuel cells, superconductors, factory housing, and other efficiency and waste‑reduction tech.
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The Public Health and Welfare — Source: USLM XML via OLRC
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42 U.S.C. § 12005
Title 42 — The Public Health and Welfare
Last Updated
Apr 6, 2026
Release point: 119-73