of the Advanced Manufacturing Office of the Department 
of Energy, shall establish and carry out a program under 
which the Secretary provides grants and loan guarantees 
to eligible entities to carry out eligible projects. 
(b) APPLICATIONS.— 
(1) IN GENERAL.—To apply for a grant or loan 
guarantee under the program, an eligible entity shall 
submit to the Secretary an application at such time, 
in such manner, and containing such information as 
the Secretary may require. 
(2) SELECTION.—In evaluating applications 
submitted under paragraph (1), the Secretary shall 
select applications that will result in the greatest— 
(A) improvement to the competitiveness of 
United States industry in global markets; 
(B) reduction in energy use; and 
(C) reduction in greenhouse gas emissions. 
(3) CONSULTATION.—In evaluating applications 
submitted under paragraph (1), the Secretary shall 
solicit input from outside technical and industry ex-
perts on the specific industry sectors in which eligi-
ble technologies would be implemented. 
(c) GRANTS AND LOAN GUARANTEES.— 
(1) IN GENERAL.—In carrying out the program, 
the Secretary may not provide grants or loan guar-
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antees to carry out more than three eligible projects 
for any category of eligible technology. 
(2) GRANT
AMOUNTS.—The amounts of the 
grants that may be provided to carry out eligible 
projects for each category of eligible technology shall 
be not more than the following: 
(A) 60 percent of the total eligible project 
costs for the first eligible project for the cat-
egory of eligible technology. 
(B) 45 percent of the total eligible project 
costs for the second eligible project for the cat-
egory of eligible technology. 
(C) 30 percent of the total eligible project 
costs for the third eligible project for the cat-
egory of eligible technology. 
(3) LOAN GUARANTEE AMOUNTS.— 
(A) IN
GENERAL.—In carrying out the 
program, the Secretary may not provide a loan 
guarantee for an amount that is greater than 
80 percent of the applicable eligible project 
costs. 
(B) GRANT
AND
LOAN
GUARANTEE.—In 
any case in which an eligible entity is provided 
a grant and a loan guarantee under the pro-
gram, such loan guarantee may not exceed the 
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amount that is equal to 80 percent of the 
amount that is equal to the difference be-
tween— 
(i) the eligible project cost; and 
(ii) the amount of the grant. 
(4) PROJECT
MILESTONES.—The Secretary 
shall work with the grant or loan guarantee recipient 
to develop project milestones and shall issue pay-
ments after the recipient demonstrates that it has 
reached such milestones. 
(d) MONITORING AND REPORTING.— 
(1) IN GENERAL.—The Secretary shall annually 
submit to Congress a report on how grants and loan 
guarantees provided under the program were used. 
(2) PROPRIETARY AND COMPETITIVE INFORMA-
TION.—Each report submitted under paragraph (1) 
shall exclude any proprietary or competitive informa-
tion relating to eligible entities that were provided a 
grant or loan guarantee, or eligible technologies that 
were implemented, under the program. 
(e) AUTHORIZATION OF APPROPRIATIONS.—There is 
authorized to be appropriated to carry out this section 
$500,000,000 for fiscal year 2022 and $1,000,000,000 for 
each of fiscal years 2023 through 2031, to remain avail-
able until expended. 
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(f) DEFINITIONS.—In this section: 
(1) ELIGIBLE ENTITY.—The term ‘‘eligible enti-
ty’’ means any of the following entities, including a 
consortium or partnership of such entities: 
(A) An owner of an industrial plant at 
which an eligible technology would be imple-
mented. 
(B) A provider that— 
(i) manufactures an eligible tech-
nology; or 
(ii) implements or integrates an eligi-
ble technology at an industrial plant. 
(C) Another entity involved in the imple-
mentation of the eligible technology at an in-
dustrial plant. 
(2) ELIGIBLE
PROJECT.—The term ‘‘eligible 
project’’ means the implementation of an eligible 
technology at an industrial plant. 
(3) ELIGIBLE PROJECT COSTS.—The term ‘‘eli-
gible project costs’’ includes any capital, installation, 
engineering, construction, and permitting costs re-
lated to carrying out an eligible project. 
(4) ELIGIBLE TECHNOLOGY.—The term ‘‘eligi-
ble technology’’ means, as determined by the Sec-
retary, any technology that— 
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(A) is an innovative technology described 
in section 454(b)(1) of the Energy Independ-
ence and Security Act of 2007 (42 U.S.C. 
17113(b)(1)); 
(B) is demonstrated to be technically viable 
at pilot scale and ready for commercial-scale 
implementation; 
(C) is able to reduce the energy use or 
greenhouse gas emissions of the process with 
respect to which the eligible technology is imple-
mented by at least 20 percent relative to the 
current technology; and 
(D) has the potential to reduce annual 
United States industrial energy use or green-
house gas emissions by at least 1 percent once 
the eligible technology is fully implemented at 
appropriate industrial plants in the United 
States. 
(5) PROGRAM.—The term ‘‘program’’ means 
the program established under subsection (a). 
(6) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of Energy. 
Æ 
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