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Trump planning 69% cut in EERE's 2018 budget - report

Wind farm. Author: TraumTeufel666. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.

May 19 (Renewables Now) - The Trump administration’s proposed 2018 budget for the Office of Energy Efficiency and Renewable Energy (EERE) is expected to be just USD 636 million (EUR 572m), down from roughly USD 2.1 billion in each of 2016 and 2017, Axios said Wednesday.

The 69% cut is not expected to be granted by Congress, but the publication says the low starting point means that the final numbers may not be much higher.

The proposal translates into a significantly lower budget for renewable power, down to USD 134 million in 2018 from USD 451 million in 2017, according to the Axios article. Clean transport and energy efficiency will also suffer.

The Washington Post said Thursday two Energy Department (DOE) officials have given it similar numbers for the EERE budget proposal. One official has also confirmed to the newspaper that the budget for the Fossil Energy Research and Development programme, which does research on carbon capture and storage (CCS), would more than halve to USD 280 million in 2018.

Budget figures are to be released next week.

(USD 1 = EUR 0.90)

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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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