Increased Funding Request for EERE Programs
February 07, 2007
With the release of the Federal budget for fiscal year 2008, President George W. Bush has requested increased funding for key renewable energy and energy efficiency programs in the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy. Signature programs such as biomass will see an increase of $29.6 million over last year, with hydrogen technologies research and development increasing by $17.2 million and vehicle technologies by $10 million.
The net increase for EERE is roughly $59.78 million dollars over the FY 2007 request, totaling $1,236.2 million for FY 2008 from $1,176.42 million in FY 2007.
Other program funding changes include:
- Building Technologies, +$9.127 million
- Industrial Technologies, +$435,000
The President's energy goals for the nation include "20 in 10," an initiative to reduce gasoline use in our nation by 20% in ten years. Technologies to drive this goal include extensive commercialization of ethanol, including construction of ethanol plants and infrastructure, as part of the President's Advanced Energy Initiative. Other aspects of this program include expanding use of solar and wind energy, as well as continued research and development on hybrid vehicles.
Find more information about EERE's budget at the Budget in Brief page.