IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2014 | Removal date: open ended
Still in force

State loan

The Ivanpah Solar Generating System in California's Mojave Desert generates electricity by using mirror sets (heliostats) to heat water to generate electricity. This 392-megawatt plant, which started commercial operation in 2013, produced at a lower than anticipated level due to weather. The plant was financed through a $1.6 billion federal loan from the Department of Energy's loan-guarantee program. The plant's owners have received a series of deferrals for the repayment of the loan, and to help pay for these installments they applied for a $539 million grant through a Treasury Department program that provides awards equivalent to 30% of the project's total eligible cost basis.
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.

AFFECTED COUNTRIES

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TABLE
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AFFECTED SECTORS AND PRODUCTS

171 Electrical energy
2716 Electrical energy. (optional heading)
271600 Electrical energy. (optional heading)

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