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New DOE clean energy office to oversee $20B in investments, new tech developments
The U.S. Department of Energy (DOE) announced the establishment of a new Office of Clean Energy Demonstrations that will support projects in areas including clean hydrogen, carbon capture, grid-scale energy storage, small modular reactors, and more. The recently-signed Infrastructure Investment and Jobs Act provides $21.5 billion in funding for the office’s administration and projects through 2026.
In a press release making the announcement, Secretary of Energy Jennifer M. Granholm said the new office will “move clean energy technologies out of the lab and into local and regional economies across the country, proving the value of technologies that can deliver for communities, businesses, and markets.”
The office’s programs will also include investments in demonstration projects in rural areas and economically hard-hit communities, part of the administration's Justice40 initiative aimed at delivering 40 percent of clean energy investment benefits to disadvantaged communities and those that are experiencing the first and worst impacts of climate change.
doe, clean energy, cleantech, tech transfer