Summary: H.R.4226 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.4226. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/22/1988)

Renewable Energy and Energy Conservation Commercialization and Development Act - Requires the Secretary of Energy to establish specific technical research and development performance goals for Department of Energy programs relating to: (1) photovoltaics; (2) wind; (3) solar thermal; (4) biofuels; (5) solar building and energy systems; (6) ocean energy systems; and (7) geothermal energy. Mandates that such goals be designed to promote significant further commercial applications by 1995. Requires the Secretary to report annually to the Congress with respect to biennial technical performance goal reviews and updates.

Requires the Secretary to include in the FY 1990 budget request funding for at least three commercial demonstration projects involving renewable energy technologies.

States that 50 percent of such project costs shall be funded by the United States and 50 percent shall be funded by the private sector. Cites circumstances under which the United States may fund up to 66 percent of such project costs.

Authorizes appropriations for FY 1989 through 1991 for: (1) specified renewable energy programs; (2) energy conservation research and development programs; and (3) a Federal interagency working group (established under the Energy Policy and Conservation Act to make recommendations regarding the coordination of Federal programs affecting commerce in renewable energy products and related services).

Requires that each annual submission of the National Energy Policy Plan be accompanied by a three-year strategic plan for energy technology research, including energy efficiency and renewable energy.