|Proposed funding by area for the Advanced Energy Initiative. Click to enlarge.|
In his State of the Union 2006 address, President Bush announced the Advanced Energy Initiative—a 22% increase in clean-energy research at the Department of Energy (DOE).
The Initiative is intended to focus on providing breakthroughs in two areas: power for homes and businesses; and transportation.
Keeping America competitive requires affordable energy. And here we have a serious problem: America is addicted to oil, which is often imported from unstable parts of the world. The best way to break this addiction is through technology. Since 2001, we have spent nearly $10 billion to develop cleaner, cheaper, and more reliable alternative energy sources—and we are on the threshold of incredible advances.
[...] Breakthroughs on [these] and other new technologies will help us reach another great goal: to replace more than 75 percent of our oil imports from the Middle East by 2025.—President George Bush
Funding proposals to support the Advanced Energy Initiative in the President’s 2007 Budget will include:
$150 million—a $59-million increase (65%) over FY06—for the Biorefinery Initiative, the purpose of which is to help develop bio-based transportation fuels from agricultural waste products, such as wood chips, stalks, or switch grass.
$30 million—an increase of $6.7 million (29%) over FY06—to speed up battery development for hybrids and plug-in hybrids.
$289 million—an increase of $53 million (22%) over FY06—to accelerate the development of hydrogen fuel cells and hydrogen-powered cars.
$281 million for the development of clean coal technologies. The President had committed $2 billion over 10 years to speed up research in the use of clean coal for power generation. The 2007 Budget request will nearly complete that $2-billion promise 4 years ahead of schedule, according to the White House.
$54 million for the FutureGen initiative—a public-private partnership to develop an emissions-free coal plant. (Earlier post.)
$148 million for a new Solar America Initiative—an increase of $65 million (78%) over FY06—to accelerate the development of solar photovoltaic cells.
$44 million for wind energy research—a $5-million increase (13%) over FY06 levels.
State of the Union 2006 (full text)