President Obama’s comprehensive energy plan included the pairing of investments in research and development with process improvements to reduce the bottlenecks and red tape associated with clean-energy technology deployment. The Department of Energy responded
The U.S. Department of Energy is expected to shift more of its research spending into the development of electric vehicle technologies, a strategy that officials hope will significantly reduce oil imports and greenhouse gas emissions over the next two decades.
The U.S. Department of Energy announced that it is giving $36bn in federal grants to six small scale projects across five states whose objective is to produce drop-in advanced biofuels and other bio-based chemicals. The ultimate goal of the projects is to improve the economics and efficiency of cellulosic ethanol, also
Part of the events at the Electric Drive Transportation Association’s conference here in Washington DC was a press conference in which a few dozen of the currently- and soon-to-be-available EVs were displayed outside the Department of Energy Building. Energy Secretary Steven Chu, Rep. Edward Markey (D-Mass.) and a few others spoke to an enthusiastic audience.
U.S. officials say they will spend as much as $50.5 million to promote the growth of offshore wind energy in a push to achieve 54 gigawatts of electricity from offshore turbines by 2030.
Energy Secretary Steven Chu and Interior Secretary Ken Salazar said the new initiative will seek to reduce the costs of
The coming decade is expected to attract $245 billion in new clean energy investments, but unless more aggressive policies are adopted, the US could leave nearly another $100 billion on the table. So says a report released last week from the
America is at a “Sputnik moment”, Energy Secretary Stephen Chu said today, and the government’s next moves will determine whether the country leads the global cleantech race or loses it to China.
“This is the threat that I see,” Chu said in a speech at the National Press Club in Washington D.C. “The U.S. still has the
Yesterday, two days after President Obama signed the stimulus bill (American Recovery and Reinvestment Act or ARRA) into law, DOE Secretary Steven Chu announced a reorganization of how the Department of Energy will disperse loans, loan guarantees and funding contained therein.
Obviously, the idea is that there will be a disbursement of money to begin investments into the economy which will put Americans back to work and create millions of new jobs. What is good for CleanTechies like you and me is that there’s a leader at the helm Department of Energy that is keen on energy efficiency and renewables because it is the DOE that will be in a position to bring relevant projects to the table. More great news is he’s added ex-McKinsey consultant Matt Rogers to the team, a long time analyst of energy issues and climate change. It is great to have such strong representation from the business community within the DOE.