This is an excerpt from EERE Network News, a weekly electronic newsletter.
The Recovery Act and Clean Energy
By Energy Secretary Ernest Moniz
On February 26, President Obama visited Saft America, one of America’s largest energy storage manufacturers. Saft builds utility-scale batteries that are able to store energy from wind, solar or other sources and then provide that electricity to customers when demand is at its highest.
Saft is an example of the progress we have made since President Obama signed the American Recovery and Reinvestment Act in February 2009, when America was still reeling from the deepest recession since the 1930s. Because of a $95.5 million Department of Energy grant under the Recovery Act, Saft was able to build its Jacksonville, Florida, factory.
We’ve made important progress, but we can’t stop now. America needs to accelerate clean energy breakthroughs.
The Recovery Act not only lifted America out of the economic doldrums, it helped spark a clean energy revolution of technology innovation and market forces—transforming what energy we use and how we use it—creating new jobs and opportunities.
Seven years ago, solar, wind, and other renewable energy were sideshows compared to conventional energy. Now they are the nation's main sources for new power generation. Renewable energy accounted for nearly 70% of new generating capacity added in 2015—despite falling costs for conventional fuels.
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