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Wind Energy Development

$93 Million For Wind Energy Development

By Jeff Siegel
Wednesday, April 29th, 2009

 

This afternoon, U.S. Energy Secretary, Steven Chu announced plans to pony up $93 million from the American Recovery and Reinvestment Act to support further development of wind energy. He also announced more than $100 million in funding for the National Renewable Energy Laboratory (NREL) and for infrastructure development.

Here's the breakdown for wind development support...

  • $10 million for the National Wind Technology Center in Colorado

  • $24 million for wind power research and development

  • $14 million for technology develoment - which will focus primarily on advanced materials for turbine blades and towers.

  • $45 million for wind turbine drivetrain R&D and testing

Here's the breakdown for NREL and infrastructure development...

  • $68 million for a research support facility - this will create the nation's most energy efficient office building at the same cost as low efficiency commercial construction. Ultimately, the goal is to create a design process that can be replicated for future construction projects.

  • $19.2 million for renewable energy and site infrastructure - which will focus primarily on solar, and possibly geothermal.

  • $13.5 million for upgrades to the integrated biorefinery research facility - which will enable the further development of commercial scale cellulosic projects.

 

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Jeff

 



Editor's Note: From solar and wind to geothermal and biofuels, Green Chip readers want to know which renewable energy resource will take over where fossil fuels leave off. The answer is...all of the above!

There is no one single solution to today's energy crisis. However, the combination of all viable renewable energy resources, coupled with energy efficiency, conservation and smart grid development will not only lead us to energy independence and a cleaner, more sustainable energy infrastructure — but also to what will soon prove to be the greatest investment opportunity of the 21st Century.







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