Geoscience Reference
In-Depth Information
for high-priority projects. Also, the Department of Defense - the
single largest consumer of energy in the United States - is committed
to deploying 3 gigawatts of renewable energy on military
installations, including solar, wind, biomass, and geothermal, by
2025. In addition, federal agencies are setting a new goal of reaching
100 megawatts of installed renewable capacity across the federally
subsidized housing stock by 2020. This effort will include conducting
a survey of current projects in order to track progress and facilitate the
sharing of best practices.
Expanding and Modernizing the Electric Grid:
Upgrading the
country's electric grid is critical to our efforts to make electricity more
reliable, save consumers money on their energy bills, and promote
clean energy sources. To advance these important goals, President
Obama signed a Presidential Memorandum this month that directs
federal agencies to streamline the siting, permitting and review
process for transmission projects across federal, state, and tribal
governments.
Unlocking Long-Term Investment in Clean Energy Innovation:
The Fiscal
Year 2014 Budget continues the President's commitment to keeping the United
States at the forefront of clean energy research, development, and deployment
by increasing funding for clean energy technology across all agencies by 30
percent, to approximately $7.9 billion. This includes investment in a range of
energy technologies, from advanced biofuels and emerging nuclear
technologies - including small modular reactors - to clean coal. To continue
America's leadership in clean energy innovation, the Administration will also
take the following steps:
Spurring Investment in Advanced Fossil Energy Projects
: In the
coming weeks, the Department of Energy will issue a Federal Register
Notice announcing a draft of a solicitation that would make up to $8
billion in (self-pay) loan guarantee authority available for a wide array
of advanced fossil energy projects under its Section 1703 loan
guarantee program. This solicitation is designed to support
investments in innovative technologies that can cost-effectively meet
financial and policy goals, including the avoidance, reduction, or
sequestration of anthropogenic emissions of greenhouse gases. The
proposed solicitation will cover a broad range of advanced fossil
energy projects. Reflecting the Department's commitment to
