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BCSE In Action

FOR IMMEDIATE RELEASE
March 3, 2016

Contact: Laura Tierney
Email: [email protected]
Office: 202.785.0507

Business Support for FY 2017 Appropriations for the DOE Office of Energy Efficiency and Renewable Energy

Washington, DC - The Business Council for Sustainable Energy (BCSE) released the following statement from BCSE President Lisa Jacobson regarding congressional action to appropriate funds for fiscal year 2017 for the Department of Energy Office of Energy Efficiency and Renewable Energy (EERE).

“Over the years, EERE programs have helped diversify the nation’s energy portfolio, led to robust growth and job creation in new, emerging energy markets, and made the United States energy supply more secure, reliable, and clean.

“The 2016 edition of the BCSE-Bloomberg New Energy Finance Sustainable Energy in America Factbook[1] demonstrates the way in which affordable, homegrown and clean energy sources are powering the U.S. economy with jobs and investment, and are promoting the security and diversity of our energy supply. According to the Factbook the United States is now one of the most attractive markets in the world for companies whose operations entail significant energy-related costs. At 7.1¢/kWh, the retail price of electricity for the industrial sector in the U.S. is lower than that in other major economies, such as Germany, China and India.

“According to the 2016 Sustainable Energy in America Factbook, federal investments in EERE programs are paying dividends. For example:

  • Investment in energy efficiency continues to pay dividends for the US economy. American energy productivity increased by 13% from 2007 to 2015.
  • 2015 was a record year for natural gas production, consumption, flows to power generation and volumes into storage - demonstrating a robust and flexible system that is serving more customers than ever.
  • Renewable energy is a prominent part (20%) of the US 2015 power fleet, with 222GW of installed capacity across the country, a 57% increase over 2008 levels, resulting in a diverse electricity portfolio that is reliable and reduces emissions and costs.

“The federal support that helped develop and improve these technologies has been critical and should be continued in order to link technology development to commercialization and value for U.S. taxpayers as we shift toward a modernized grid.”

Download the full press release.


[1] For a complete copy of the 2016 edition of the Sustainable Energy in America Factbook visit the Council’s website at https://www.bcse.org/sustainableenergyfactbook.html