« Shell and Cosan Intend to Form $12B JV in Brazil To Be One of the World’s Largest Ethanol Producers; Shell Would Contribute Interests in Iogen and Codexis | Main | Enova Secures US GSA Exclusive Contract to Supply the Enova Ze Electric, Walk-In Step Van »
$3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending
1 February 2010
President Obama today transmitted the proposed $3.8-trillion FY 2011 Budget to the US Congress. The President’s 2011 Budget provides $28.354 billion for the Department of Energy (DOE) in discretionary budget authority—an 8.9% increase over FY 2009 actuals and a 7.4% increase over FY 2010 estimates— to support scientific innovation, develop clean and secure energy technologies, maintain national security, and reduce environmental risk.
When combined with budget authority from the American Recovery and Reinvestment Act and supplementals, and accounting for mandatory outlays, the DOE will have the capability of $31.165 billion in total outlays in FY 2011—a 30% increase over FY 2009 actuals, and a 7.8% increase over FY 2010 estimates.
In the budget, the Administration proposes several program reductions and terminations, including:
Eliminating more than $2.7 billion in tax subsidies for oil, coal and gas industries. This step is estimated to generate more than $38.8 billion dollars in revenue for the federal government over the course of the next 10 years.
Terminating Ultra-Deepwater exploration program, saving $50 million.
Canceling planned expansion of the Strategic Petroleum Reserve, saving $71 million.
Among the funding highlights of the DOE budget are:
Nearly $2.4 billion is provided for energy efficiency and renewable energy programs, an increase of $113 million over the 2010 appropriation, including:
- $325 million for advanced vehicle technologies
- $302 million for solar energy
- $231 million for building technologies
- $224 million for biomass and biorefinery systems R&D
- $137 million for hydrogen technology
- $123 million for wind energy
- $100 million for industrial technologies
- $55 million for geothermal technology
- $41 million for water power
Select EERE Programs and Financing (US$ millions) Program activity 2009 act. 2010 est. 2011 prop. Δ 09-11 Δ 10-11 Vehicle Technologies 267 312 325 +21.7% +4.2% Solar energy 167 234 302 +80.8% +29.1% Building technologies 138 201 231 +67.4% +14.9% Biomass and biorefinery 131 307 224 +70% -27% Hydrogen technology 156 183 137 -12.2% -25.1% Wind energy 51 84 123 +141.2% +46.4% Industrial technologies 79 105 100 +26.6% -4.8% Geothermal 42 46 55 +31% +19.6% Water power 18 71 41 +127.8% -42.3%
Supports high-risk, high-payoff transformational research and development projects with $300 million for the recently established Advanced Research Projects Agency–Energy (ARPA-E).
Provides a 4.6%, or $226 million, increase in funding at the Office of Science for basic research and world-leading laboratories to support transformational scientific discoveries and accelerate solutions to the most pressing energy challenges.
Invests $2.3 billion in applied energy research and development to position the United States as the world leader in energy technology that will address climate change, develop new industries, and create new jobs.
Provides an additional $36 billion in guaranteed loan volume authority (for a total of $54.5 billion) for advanced nuclear power plants and an additional $500 million in credit subsidy to support $3 to $5 billion in loan guarantees for innovative energy efficiency and renewable energy projects.
Provides $668 million to Fossil Energy R&D for the ”Clean Coal Power Initiative.“
More than $550 million in new funding for national Nuclear Security Administration’s (NNSA) Defense Nuclear Nonproliferation program, which will accelerate the Department’s efforts to implement President Obama’s commitment to lead the international effort to secure vulnerable nuclear material around the world within four years.
More than $624 million increase for the NNSA’s weapons activities, helping maintain the safety, security and effectiveness of the nuclear deterrent without underground nuclear testing, renewing our investment in Science, Technology and Engineering programs, and funding major long-term construction projects needed to restore critical capabilities in plutonium and uranium.
TrackBack URL for this entry:
Listed below are links to weblogs that reference $3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending: