ACORE Statement on FY24 House Energy & Water Spending Bill

WASHINGTON, D.C. – The House Committee on Appropriations approved a Fiscal Year 2024 Energy and Water Development spending bill last night that would decimate Department of Energy (DOE) funding for clean energy and grid deployment. Following is a statement from Gregory Wetstone, President and CEO of the American Council on Renewable Energy (ACORE):

“The Energy & Water spending bill approved by the House Appropriations Committee slashes funding for critical DOE programs, including the Office of Energy Efficiency and Renewable Energy and the Office of Electricity, bringing them to well below FY23 enacted levels. These funding cuts would take us backward when we urgently need to deploy more clean energy and modernize our grid to enhance reliability and better enable our electric power system to withstand increasingly frequent extreme weather events. We urge the Senate to reject these spending cuts and maintain funding for DOE efforts that are critical to meeting our energy security and climate goals.”

Background:

In April 2023, ACORE led a letter signed by a multi-sector coalition of over 40 clean energy organizations, environmental groups, developers, manufacturers, labor and consumer groups, and other nonprofits to Congress urging robust funding for high-capacity transmission deployment and research through the DOE’s FY 2024 budget.

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About ACORE:
For more than 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s premier pan-renewable nonprofit organization. ACORE unites finance, policy and technology to accelerate the transition to a renewable energy economy. For more information, please visit www.acore.org.

Media Contacts:

Alex Hobson
Sr. Vice President, Communications
American Council on Renewable Energy
hobson@acore.org | 202.777.7584 (o) | 202.594.0706 (c)

Dylan Helms
Associate, Communications
American Council on Renewable Energy
helms@acore.org | 202.891.7868 (o) | 727.290.8804 (c)