Wednesday, February 15, 2012

Obama Proposes $27 Billion Budget for Department of Energy

According to the Department of Energy, President Barack Obama has made a $27 billion budget request for fiscal year 2013 to pursue an "all of the above" approach to energy development in the nation. Here are the details.

* According to the DOE, the request is part of the president's blueprint for the American economy, focusing on job creation through cheaper, cleaner energy.

* In the request is $770 million for nuclear energy, which includes money to support the development of small nuclear reactors as well as funds to pursue nuclear waste options that were set out in the Blue Ribbon Commission on America's Nuclear Future report.

* Obama's budget request also calls for $276 million to research and develop fossil fuel power systems that include carbon capture technology to enable the continued use of the nation's coal resources.

* $5 billion is requested for research activities, advanced computing technologies and advanced biological design principals through the Office of Science. According to the department's request, underlying these requests is the investment in the education of scientists and engineers.

* About $14 billion of the budget request is needed for nuclear deterrence and nuclear nonproliferation programs, the DOE reported, providing for the Navy's nuclear propulsion needs and securing vulnerable nuclear material around the world.

* The president's budget request also includes funding that will promote efforts to make solar energy more affordable by reducing its cost by up to 75 percent, the DOE stated. The department's goal, as stated in the report, is to make solar energy competitive with other forms of energy, without subsidies, by the end of the decade.

* Included in the request are efforts to reduce operating costs from the DOE, including selling 4.6 acres of real property, mainstreaming the department's websites by 40 percent and reducing its time-to-hire employees by 45 percent.

* $143 million was requested for the continued support of grid modernization technology, with money to award to states for grid modernization as well as to help recovery from energy supply disruptions.

* Money has also been requested to continue to provide weatherization programs as well as to begin new programs that will provide rebates to customers who purchase energy-efficient appliances.


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