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State Funding and Financing Strategies for Advancing Energy Projects

State Funding and Financing Strategies for Advancing Energy Projects

Full Title: State Funding and Financing Strategies for Advancing Energy Projects
Author(s): Fiona Forrester, Dan Lauf
Publisher(s): National Governors Association
Publication Date: May 23, 2025
Full Text: Download Resource
Description (excerpt):

Governors can effectively advance their energy policy goals — such as system modernization, reliability, cost reductions or addressing resource adequacy — by leveraging innovative state funding and financing mechanisms alongside federal programs and funding opportunities and private-sector investment. By creating tailored financing mechanisms that reduce barriers for investments, establishing state-level green banks and state energy financing institutions (SEFIs), and incentivizing private-sector investment, Governors can expertly leverage private and household investments to address the energy needs of their states and territories.

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