Energy Chief Doles $1.2 Billion in Stimulus Cash

Source:

"The department will use $277 million to help establish Energy Frontier Research Centers. . .to advance research into alternative energy sources."

Energy Secretary Steven Chu announced Monday that $1.2 billion in federal stimulus money will be spent on science projects, saying that leadership in science is "vital to America's prosperity, energy security and global competitiveness."

Much of the money will be distributed among the Energy Department's national laboratories, including Brookhaven National Laboratory on eastern Long Island, where Chu made the announcement.

"These projects not only provide critically needed short-term economic relief but also represent a strategic investment in our nation's future," said Chu, a Nobel Prize-winning physicist who joined President Barack Obama's Cabinet after serving as director of the Lawrence Berkeley National Laboratory since 2004.

The Energy Department runs 17 national laboratories and supports researchers at more than 300 colleges and universities. The department will use $277 million to help establish "Energy Frontier Research Centers," which are intended to advance research into alternative energy sources.

The DOE's Office of Science will get $330 million to distribute for projects involving more than 20,000 researchers.

Congress approved $1.6 billion in stimulus funding for the Department of Energy. Officials said they are working on details to distribute the remaining $371 million.

Related Articles

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe