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US Priorities for New and Renewable Energy Technologies for 2005-2006

Explore the US Department of Energy's spending priorities and targets for new and renewable energy technologies in the FY 2006 budget and the 2005 National Energy Act.

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US Priorities for New and Renewable Energy Technologies for 2005-2006

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  1. US Priorities for New and Renewable Energy Technologies for 2005-2006 EGNRET 25, Chinese Taipei October 31-November 2, 2005 Cary Bloyd

  2. US Priorities DOE in Spending and Planning • US DOE Spending priorities can be seen in the FY 2006 budget request (www.govforums.org/E&W/ documents/fy06_budget_brief.pdf) • Longer term planning can be seen from the recently passed 2005 National Energy Act (www.ethanolrfa.org/objects/pdf/PublicPolicy/Regulations/EnergyConf.pdf)

  3. US DOE FY2006 Budget Request for Energy Efficiency and Renewable Energy Programs and % change (1000 $)

  4. EPACT 2005 was the first comprehensive energy bill in over 10 years • The bill is 1725 pages and has 18 major sections • TITLE I--ENERGY EFFICIENCY • TITLE II--RENEWABLE ENERGY • TITLE III--OIL AND GAS • TITLE IV--COAL • TITLE V--INDIAN ENERGY • TITLE VI--NUCLEAR MATTERS • TITLE VII--VEHICLES AND FUELS • TITLE VIII--HYDROGEN • TITLE IX--RESEARCH AND DEVELOPMENT • TITLE X--DEPARTMENT OF ENERGY MANAGEMENT • TITLE XI--PERSONNEL AND TRAINING • TITLE XII--ELECTRICITY • TITLE XIII—ENERGY POLICY TAX INITIATIVES • TITLE XIV--MISCELLANEOUS • TITLE XV—ETHANOL AND MOTOR FUELS • TITLE XVI--CLIMATE CHANGE • TITLE XVII—INCENTIVES FOR INNOVATIVE TECHNOLOGIES • TITLE XVIII--STUDIES

  5. Targets from Title II: Renewable Energy • Provides for an ongoing assessment of renewable energy resources. • Requires the Federal government to purchase a set amount of electric energy from renewable resources. 3% for 2007-2009; 5% 2010-1012; 7.5% 2013 • Requires 20,000 PV systems to be installed in public building by 2010 (150 MWe)

  6. Targets from Title XV: Ethanol and Motor Fuels • Requires that by 2012, at least 7.5 billion gallons per year of renewable fuel be blended into the nation’s gasoline supply • Allows production of renewable fuel from such traditional sources as corn and other crops or from plants, grasses, agricultural residues and waste products. The bill includes incentives for the production of renewable fuel from these “non-traditional” sources, allowing greater credits for ethanol derived from cellulosic biomass or waste • Authorizes loan guarantees and grants for the construction of facilities to process and convert municipal solid waste and cellulosic biomass into fuel ethanol and other commercial byproducts.

  7. A total of 68 studies were mandated in Title XVIII: Studies • Sec.1604. Renewable energy on Federal land • Sec.1610. Hybrid distributed power systems • Sec.1820. Overall employment in a hydrogen economy • Sec.1823. Alternative fuels reports • Sec.1825. Fuel cell and hydrogen technology study • Sec.1826. Passive solar technologies • Sec.1833 Renewable energy on Federal land

  8. Targets from Title VIII: Hydrogen • Directs the Secretary to conduct a broad-based research program supporting private sector efforts in hydrogen and fuel cell development, including production, storage, distribution and use of hydrogen; and fuel cell applications for transportation and stationary uses • Sets a goal of enabling the private sector to make a commercialization decision on fuel cell vehicle production hydrogen for transportation by 2015

  9. Targets from Title IX: Research and Development • Creates the Next Generation Lighting Initiative, a public-private partnership to develop advanced solid-state lighting devices.  These devices are longer lasting and more energy efficient and cost-effective than incandescent or fluorescent lighting • Requires the Secretary to conduct cutting-edge research and development in renewable energy, including bioenergy from celluosic feedstocks, concentrating solar power, ocean energy, and cogeneration of hydrogen and electricity from renewable sources

  10. Title XIII: Energy Policy Tax Incentives • Extension and modification of renewable electricity production credit (Section 45). Cost: $2.747 billion • Clean renewable energy bonds. Provision creates new category of tax credit Bonds Clean Renewable Energy Bonds (“CREBs are defined as bonds in which 95 percent of proceeds are used to finance qualifying capital expenditures) Cost: $411 million • Alternative technology vehicle credits (fuel cell vehicles, alternative fuel vehicles, and hybrid vehicles and advanced lean-burn technology vehicles: Cost: $874 million • Credit for installing of alternative fuel refueling property. Cost: $71 million • Credit for business installation of qualified fuel cells, stationary microturbine power plants, and solar. Cost: $222 million

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