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EERE's 2018 budget could be cut by a billion by Trump admin - report

US flag. Author: Chris.

April 4 (Renewables Now) - Funding for the Office of Energy Efficiency and Renewable Energy (EERE) could be slashed by roughly USD 1 billion (EUR 937m) in Trump’s 2018 budget, the Washington Post said Friday, citing estimates by office staffers and informed observers.

Last week E&E News reported that the new administration has proposed to reduce EERE’s budget in the current fiscal year by USD 516 million. This is subject to approval by the Congress. Greater cuts are expected when the final numbers for the 2018 budget are released in May.

The Washington Post reports, citing staffers, that the National Renewable Energy Laboratory (NREL) could suffer the most from the budget cuts. The lab is focused on the research, development, commercialisation, and deployment of renewable energy and energy efficiency technologies. It has achieved major breakthroughs in solar, biofuels and other clean energy technologies since its start in 1977.

US President Donald Trump's budget blueprint for 2018 proposed a huge increase in defense spending, while cutting funding for a number of departments including the Department of Energy. The latter's Advanced Research Projects Agency-Energy (ARPA-E) will be eliminated, along with the Title 17 Innovative Technology Loan Guarantee Program, and the Advanced Technology Vehicle Manufacturing Program, because "the private sector is better positioned to finance disruptive energy research and development and  to commercialize innovative technologies."

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for seven years now. She's got a soft spot for emerging markets.

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