Jonathan Silver has been appointed executive director of the US Department of Energy's (DoE's) loan guarantee program in a move meant to speed up deployment of the support. He will report to energy secretary Stephen Chu, who has a "commitment to strengthen and streamline the DoE's operations." The loan guarantee program was announced by President George Bush in 2005 but none of the $20.5 billion of guarantees for new nuclear projects have yet been assigned despite the deadline for applications passing over one year ago. Silver's career includes early investment in alternative energy and advisory roles to the Department of Commerce.
Jonathan Silver has been appointed executive director of the US Department of Energy's (DoE's) loan guarantee program in a move meant to speed up deployment of the support. He will report to energy secretary Stephen Chu, who has a "commitment to strengthen and streamline the DoE's operations." The loan guarantee program was announced by President George Bush in 2005 but none of the $20.5 billion of guarantees for new nuclear projects have yet been assigned despite the deadline for applications passing over one year ago. Silver's career includes early investment in alternative energy and advisory roles to the Department of Commerce.
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