The $43 million dollars in offshore wind funding Secretary Chu announced today is part of a coordinated federal strategy to put the nation's wind resources to work and support innovation and jobs throughout the United States.
To create jobs and lead in the global clean energy economy, the Obama Administration has made a point of supporting game-changing innovations – including the Energy Department’s Advance Research Programs Agency for Energy (ARPA-E).
The Weekly Financial and Activity Reports section includes the Department of Energy's weekly report on spending and major actions related to the Recovery Act. The "Weekly Update" tab includes listing of total appropriations, total obligations, and total disbursements for each Treasury Account. The "Major Activities" tab lists of the major actions taken to date and major planned actions of likely interest to senior government officials, Congress, and the public.
Last week, Secretary Chu announced $175 million in funding for 40 projects that promise to accelerate the development and deployment of next-generation vehicle technologies. The innovations being fostered through these projects often begin at a small scale, being tweaked and tested in laboratories or R+D centers as researchers attempt to hit critical benchmarks for deployment.
The New York Independent System Operator (NYISO), which is responsible for operating New York State’s bulk electricity grid, estimated earlier this week that Recovery Act-funded improvements made to the state’s grid – in conjunction with a new 64,000-square-foot power control center that it plans to build – could save New York electricity customers up to $190 million per year.