DOE Releases President's
Solar America Initiative Details
The Department of Energy has released details of the "President's Solar
America Initiative," proposing the largest funding increase for solar
energy research in U.S. budget history. First announced during President
Bush's State of the Union address, the initiative aims to decrease the
cost of solar to be competitive with existing sources of electricity in
10 years. The program also aims to deploy 5-10 GW of photovoltaics (PV)
capacity by 2015--enough solar electricity to power roughly 2 million
homes.
The proposed FY 2007 budget for the initiative is $148 million, a 78
percent budget increase, which includes $139 million for PV and $9
million for concentrating solar power. The Solar Energy Industries
Association hailed this initiative as a key victory for the next great
high-tech growth industry in the U.S.: solar energy.
"With this program, the U.S. has reclaimed global leadership in
investing in cutting-edge solar power development," said Rhone Resch,
president, SEIA. "The President's Solar America Initiative will improve
our competitiveness in a global solar market that is growing at 40
percent per year and help bring high quality jobs back to the U.S. We
applaud the President and Secretary Bodman of the Department of Energy
for their vision of an economy based on clean, reliable solar power."
The initiative will place emphasis on funding industry-led partnerships
to accelerate market-ready PV using aggressive new goals and a new focus
on manufacturing and production R&D barriers. Its projected goals and
methods are consistent with those of "Our Solar Power Future," a roadmap
developed by the U.S. PV industry in September 2004.
"Within 10 years, we estimate that this program will result in 10 GW of
grid-connected solar electric capacity," said Resch. "That would be 20
times today's levels, enough to reduce 10 million metric tons of CO2
emissions annually. Moreover, the program will also help grow the
industry with 30,000 new jobs in the U.S. solar industry, and make solar
electricity cost-competitive with conventionally generated electricity."
Going forward, the solar industry will urge Congress to fully
appropriate the requested solar budget increase, and to expand the
research budget for all commercially viable solar technologies,
including solar water heating. The industry will also prepare to lead
the formation of "Technology Pathway Partnerships" along with national
laboratories, universities, states, and other public entities as
described in the initiative.
Published 02/10/2006
©
2005 Greenmedia Publishing Ltd. |