Clean energy initiatives and legislation continue to advance with unprecedented direction, momentum and clout in the federal government. President Joe Biden and Congressional Democrats remain fiercely committed to enacting policies to deploy clean technology in order to drive emissions to net zero in the coming decades.
On Capitol Hill, multiple infrastructure packages in play are poised to provide tremendous opportunities for clean energy initiatives. Lawmakers are actively drafting legislative framework that demonstrate keen interest in bolstering the United States' green technology capacities and promise to transform key domestic industries and put America at the forefront of the global clean energy transition.
Against the backdrop of an evolving political climate and multiple policy implications for energy innovation, policy drivers include increasing corporate net-zero carbon commitments, national security concerns, a need for technology and innovation, market participation, education and competition from foreign governments, all of which are only increasing during the Biden Administration.
This Holland & Knight alert highlights the biggest clean energy updates and government-related developments from the past few months, and summarizes potential implications of these measures in the coming quarter and year.
Here are the key developments from throughout the federal government.
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The following provides an overview of the infrastructure packages in current play that stand to have wide-reaching impacts for clean energy.
Bipartisan Infrastructure Framework
Surface Transportation Reauthorization
Budget Reconciliation Package
U.S. Department of Energy FY 2022 Federal Funding
FY 2021 Enacted
FY 2022 President's Request
FY 2022 House
FY 2022 Senate
Department of Energy (DOE)
Energy Efficiency and Renewable Energy (EERE)
EERE: Sustainable Transportation
Vehicle Technologies Office (VTO)
Bioenergy Technologies Office (BETO)
Hydrogen and Fuel Cell Technologies (HFTO)
EERE: Energy Efficiency
Advanced Manufacturing Office (AMO)
Building Technologies Office (BTO)
Federal Energy Management Program (FEMP)
EERE: Renewable Energy
Solar Energy Technologies Office (SETO)
Wind Energy Technologies (WETO)
Water Power Technologies Office (WPTO)
Geothermal Technologies Office (GTO)
Loan Programs Office
Title 17 Innovative Technology Loan Guarantee Program
Advanced Technology Vehicles Manufacturing Loan Program (ATVM)
Tribal Energy Loan Guarantee Program (TELGP)
Other DOE Clean Energy Programs
Office of Technology Transitions (OTT)
Office of Clean Energy Demonstration (OCED)
Advanced Research Project Agency – Energy (ARPA-E)
Office of Electricity
Office of Fossil Energy and Carbon Management (FECM)