There has been growing talk about a clean-tech race between China and the U.S., often cast in ominous tones. But the quest to develop and implement renewable energy can be one where both nations win.
The Department of Energy is awarding $47 million to support the development of new technologies and knowhow aimed at improving energy efficiency in the information technology (IT) and communication technology sectors. Energy Secretary Steven Chu announced that 14 projects across the country will share in this award. Information technology and telecommunications are vital and rapidly growing sectors of our overall economy and will become even more central as the smart grid is deployed. As our country increasingly comes to rely on an information economy in sector after sector the underlying physical infrastructure that supports it, such as the data centers, networks, routers and so forth, is expected to continue to rapidly grow.
The U.S. Commerce Department announced on Monday that its U.S. Patent and Trademark Office (USPTO) will pilot a year-long program to accelerate the examination of certain “green” technology patent applications by as much as one year. The new initiative is designed to speed the development and deployment of green technology, create green jobs, and promote U.S. competitiveness. In particular, the program focuses on patents for renewable energy and energy efficiency technologies, plus other environmental technologies.
U.S. Energy Secretary Steven Chu today announced more than $18 million in funding from the American Recovery and Reinvestment Act to support small business innovation research, development, and deployment of clean energy technologies. In this first phase of funding, 125 grants of up to $150,000 each will be awarded to 107 small advanced technology firms across the United States.
Steven Chu, U.S. Department of Energy (DOE) Secretary has announced up to $338 million in Recovery Act funding for the exploration and development of new geothermal fields as well as for research into advanced geothermal technologies. The newly announced grants will be awarded to 123 projects in 39 states and will be matched more than one-for-one with an additional $353 million in private and non-Federal cost-share funds, for a total grant pool of $691 million. This is a pretty big number and represents a major investment in a promising and yet often overlooked renewable energy resource. Recipients of the new grant funding include private industry, academic institutions, tribal entities, local governments, and DOE’s National Laboratories.
This country’s 130 million homes together generate more than 20% of the nation’s carbon dioxide greenhouse gas emissions. This is one of the most significant contributing sources in the country to global warming. Existing techniques and technologies in energy efficiency retrofitting can reduce home energy use by up to 40 percent per home on average which would also lower our national greenhouse gas emissions by 160 million metric tons annually by the year 2020. In addition doing so would reduce home energy bills by $21 billion a year and over time these savings would more than pay for the high up-front costs for energy efficiency retrofitting.
U.S. Energy Secretary Steven Chu announced in Washington that the Department of Energy (DOE) will provide up to $750 million in new funding from the American Recovery and Reinvestment Act to help accelerate the development of renewable energy generation projects. This funding will be targeted to cover the cost of loan guarantees for renewable energy projects and could support as much as $4 to 8 billion in lending to eligible projects, and the Department will invite private sector participation to accelerate the financing of these renewable energy projects.
U.S. Energy Secretary Steven Chu announced grant awards for up to $24 million, from the American Recovery and Reinvestment Act, to three university-led wind energy research facilities that have been selected to support university research and development programs to improve land-based and offshore wind turbine performance and reliability and to provide career educational opportunities for undergraduate and graduate students in wind energy technologies. The three universities are: Illinois Institute of Technology, University of Maine and University of Minnesota.