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Renewable Energy R&D Funding History: A Comparison with Funding for Nuclear Energy, Fossil Energy, and Energy Efficiency R&D

Renewable Energy R&D Funding History: A Comparison with Funding for Nuclear Energy, Fossil Energy, and Energy Efficiency R&D

Full Title: Renewable Energy R&D Funding History: A Comparison with Funding for Nuclear Energy, Fossil Energy, and Energy Efficiency R&D
Author(s): Fred Sissine
Publisher(s): Congressional Research Service (CRS)
Publication Date: October 1, 2014
Full Text: Download Resource
Description (excerpt):

Energy-related research and development (R&D)—on coal-based synthetic petroleum and on atomic power—played an important role in the successful outcome of World War II. In the post- war era, the federal government conducted R&D on fossil fuel and nuclear energy sources to support peacetime economic growth. The energy crises of the 1970s spurred the government to broaden the focus to include renewable energy and energy efficiency. Over the 37-year period from the Department of Energy’s (DOE’s) inception at the beginning of fiscal year (FY) 1978 through FY2014, federal funding for renewable energy R&D amounted to about 17% of the energy R&D total, compared with 15% for energy efficiency, 26% for fossil, and 38% for nuclear. For the 67-year period from 1948 through 2014, nearly 12% went to renewables, compared with 10% for efficiency, 25% for fossil, and 49% for nuclear.

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