Daily Rules, Proposed Rules, and Notices of the Federal Government
Under the relevant Subparts of the Department of Energy's Financial Assistance Regulations, which prescribe performance reporting, 10 CFR 600.151, 240, and 341, reporting shall not be required more frequently than quarterly or less frequently than annually. For projects selected under the Clean Coal Power Initiative—Round 3 (CCPI-3) Funding Opportunity Announcement, the Department determined that quarterly reporting was insufficient to adequately monitor progress and assess risk as they do not provide current information, and do not allow the Department to identify and address problems in a timely manner. Projects selected under the CCPI-3 Announcement will be commercial scale demonstration projects which are inherently complex, integrating novel carbon capture technology into commercial operations of a coal-fired power generation facility, which will in turn be integrated with a large-scale sequestration facility. All demonstration projects under the Clean Coal Power Initiative Program carry an inherent degree of risk because they incorporate innovative technology, either being introduced for the first time or in an untried configuration at the commercial scale.
To ensure that cooperative agreements awarded under the Clean Coal Power Initiative—Round 3 Funding Opportunity Announcement meet their objectives on schedule and within budget, the Department pursued a Class Deviation from the regulations at 10 CFR 600.151, 240, and 341 to allow for monthly performance reporting.
On April 8, 2008, the Office of Management and Budget approved the Department's request for the Class Deviation.