This is an excerpt from EERE Network News, a weekly electronic newsletter.

February 06, 2006

DOE Requests $1.2 Billion for Efficiency and Renewable Energy

DOE announced on February 6th that President Bush's Fiscal Year (FY) 2007 Budget requests $23.6 billion for DOE, including $1.2 billion for the Office of Energy Efficiency and Renewable Energy (EERE). These funds directly advance the goals of the Advanced Energy Initiative, announced in last week's State of the Union Address, which aims to reduce U.S. dependence on foreign sources of energy. The President's budget is meant to serve as a starting point for Congressional budget negotiations.

The EERE budget request is $2.6 million more than the FY 2006 appropriations, a 0.2 percent increase. Much of this funding expands key programs that focus on developing new energy choices, including: hydrogen fuel and fuel cell technology ($196 million, a 6.5 percent increase); biomass ($150 million, a 65 percent increase); solar power ($148 million, a 79 percent increase); and wind energy ($44 million, a 13 percent increase). The Biomass Program includes the President's Biofuels Initiative, which aims to develop cost-competitive, biobased liquid transportation fuels, and the Solar Program includes the President's Solar America Initiative, which aims to develop cost-competitive solar cell technologies by 2015. See the DOE budget summary from the White House, the DOE press release, and the full EERE budget request.

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