Utility Dive•about 1 month ago
DOE funding bill ignores some of Trump’s requested cuts
Key Takeaway
Despite executive attempts to cut funding, Congress's allocation of $320 million to DOE's solar and wind programs ensures continued federal support, providing stability and opportunity for renewable energy developers and large power consumers.
AI Summary
- •Congress allocated $320 million to the DOE's solar and wind energy programs, directly countering a White House request to zero out their funding.
- •This continued federal financial support signals robust governmental backing for renewable energy development, offering stability and predictability for solar and wind project developers.
- •For large power consumers, sustained investment in these programs can lead to further innovation, potentially driving down long-term energy costs and expanding clean energy procurement options.
Topics
financingpolicysolarwind
Article Content
The White House asked that Congress zero out the solar and wind energy programs of the Office of Energy Efficiency and Renewable Energy, but Congress provided $320 million to those two Energy Department programs.