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Home » Biden Administration Pledges $72M Towards Wind, Water Energy Technologies

Biden Administration Pledges $72M Towards Wind, Water Energy Technologies

Semi truck speeding in front of Wind turbines

Photo: iStock.com/THEPALMER

September 25, 2023
SupplyChainBrain

The U.S. Department of Energy announced September 21 that it would be investing $72 million to improve the domestic manufacturing process of wind and water energy technologies.

$27 million of funding will come from the Bipartisan Infrastructure law. That money will go towards financing 15 offshore and land-based wind energy projects. The other $45 million will fund an additional 14 projects focused on domestically manufacturing these types of technologies at a quicker pace for less money.

GE Research in Niskayuna, New York is expected to receive the most funding amongst qualifying projects at $14.9 million. The initiative will focus on the manufacturing practices of large-scale machinery that can be used to 3D print enormous pieces of hydropower equipment, reducing production costs by 20% and lead times by up to four months.

As the largest source of renewable power in the U.S., wind energy accounts for more than 10% of the country’s domestic electricity generation. To achieve the Biden-Harris Administration’s goal of completely decarbonizing the power sector by 2035, the pace of wind energy deployment must increase to an average of between 70 and 145 gigawatts per year by the end of the decade.

“The Biden-Harris Administration is committed to deploying wind turbines that harness the clean power of wind, while at the same time ensuring the clean energy transition is built in America’s factories,” said U.S. Secretary of Energy Jennifer M. Granholm. “Wind energy is among the most affordable and sustainable clean energy resources in the United States—this funding will demonstrate how wind power can benefit different communities and strengthen our domestic supply chain through innovation.”

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