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This analysis provides information on the clean energy funding opportunities available through the American Recovery and Reinvestment Act, including direct funding for clean energy projects, state and local assistance programs, and tax provisions for clean energy incentives.
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Office of Energy Efficiency and Renewable Energy (EERE) American Recovery and Reinvestment Act Funding
Recovery Act Funding for Clean Energy *Direct funding for clean energy projects from these distributions is non-specific and will result in less than listed totals. Selected programs listed include investments in clean energy projects as one of many priorities listed in the legislation. Source: Information from the Congressional Research Service’s ARRA Energy Report, March 5, 2009, The White House Clean Energy Fact Sheet, March 23, 2009, and the Center for American Progress. – DRAFT – PRELIMINARY ANALYSIS –
Advanced Transportation Technologies ($2.7B) • Advanced Battery & Hybrid Component Manufacturing Grants ($2.0B): Awards for battery manufacturing through new solicitation; funds awarded within 4 months • Transportation Electrification ($400M): FOA in place with NETL; awards scheduled to be made within 90 days • Clean Cities Alternative Fuel Pilot Program($300M): New competitive solicitation through NETL; initial awards scheduled to be made within 120 days
State, Local and Weatherization Assistance Programs ($11.6B) • Weatherization Assistance Program ($5.0B): Assistance to low-income households for energy efficiency improvements • Energy Efficiency and Conservation Block Grants ($3.2B): new formula grant program to states & territories ($770M), cities & counties ($1.9B) and Indian tribes ($54M) to reduce use of fossil fuels and improve energy efficiency; remaining $456M for competitive grants • Energy Efficiency Appliance Rebate Program ($300M): New program to issue rebates for EnergyStar appliances. Setup funding mechanism with NETL and determine eligible products; review and award state applications within 120 days • State Energy Program ($3.1B): Formula grant program to states for energy efficiency and renewable energy programs and activities
DOE Office of Electricity ($4.5B) • Office of Electricity Delivery and Energy Reliability: • Modernize the national electric grid • Enhance U.S. energy infrastructure • Ensure reliable electricity delivery to meet growing demand • Allow for broader use of alternative energy • Smart Grid: These funds support the implementation of the Smart Grid program authorized by the Energy Independence and Security Act of 2007 • The Recovery Act Provides Specific Funding for three areas of Smart Grid: • Development of interoperability standards for Smart Grid devices • Workforce training and development • Nationwide resource assessment and analysis of future demand and transmission requirement
Recovery Act Tax Provisions New and modified clean energy tax incentives are estimated to result in an additional $20 billion in federal revenue reductions over ten years