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Home > News > House OKs $1B for Wind Tech Development & Demos: Whats In It for Innovators?

September 11th, 2009

House OKs $1B for Wind Tech Development & Demos: Whats In It for Innovators?

Abstract:
Wind power innovators are poised to get a $1 billion boost from Washington that is, if the Senate goes along with the House in approving the Wind Energy Research and Development Act of 2009. The bill, which cleared the House late Wednesday in a voice vote, would authorize $200 million a year for five years starting in 2010 for a grant program out of the Department of Energy for wind research and demo projects. If enacted, this would roughly quadruple the DOE wind program's annual budget (not counting $118 million in one-time stimulus funds), and go a long way toward the level of federal funding the wind industry says it requires in order to supply 20 percent of U.S. energy needs by 2030.

The funding could be a boon for a group of innovators that often fly under the radar when it comes to discussions of wind technology: nanotech developers. As the San Francisco Chronicle writes, Rep. Paul Tonko (D-NY), who sponsored the bill (and previously served as president and CEO of New York State's energy R&D authority), expects the program to "leverage nanoscience research by businesses and research institutions that are working at the molecular level to create lighter and more durable materials."

Source:
earth2tech.com

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