From the DOE ... DOE announced on March 26 that it plans to invest $3.2 billion in energy efficiency and conservation projects in U.S. cities, counties, states, territories, and tribal lands. The Energy Efficiency and Conservation Block Grant program, funded by the American Recovery and Reinvestment Act, will provide formula grants for projects that improve energy efficiency and reduce fossil fuel emissions. Funding is based on a formula that accounts for population and energy use, and to ensure accountability, DOE will provide guidance to grant recipients and require them to report on the number of jobs created or retained, energy saved, renewable energy capacity installed, greenhouse gas emissions reduced, and funds leveraged.
The funding will support energy audits and energy efficiency retrofits in residential and commercial buildings, the development and implementation of advanced building codes and inspections, and the creation of financial incentive programs for energy efficiency improvements. The grant funds could also go towards transportation programs that conserve energy, projects to reduce and capture methane emissions from landfills, renewable energy installations on government buildings, energy-efficient traffic signals and street lights, combined heat and power systems, district heating and cooling systems, and other projects.
See the initial DOE press release
Got something to say about this article? Be the first to leave a comment!
|
© 2012 SmartGridNews - Privacy Policy |
||||||||||||||||||||||