President Obama signs NEMA-advocated federal energy funding programs
ROSSLYN, VA, Nov. 5, 2009 -- President Obama has signed into law NEMA-advocated funding as part of the Fiscal Year 2010 Energy and Water Development Appropriations Bill...
ROSSLYN, VA, Nov. 5, 2009 -- The National Electrical Manufacturers Association (NEMA) announced today that President Obama has signed into law NEMA-advocated funding as part of the Fiscal Year 2010 Energy and Water Development Appropriations Bill.
During the past year, NEMA has lobbied Congress to increase funding for federal agencies, departments, and programs that are important to NEMA companies. These increased funding amounts include:
• $2.24 billion for the Office of Energy Efficiency and Renewable Energy, including $200 million for the Building Technologies Program, a 43 percent increase
• $32 million for the Federal Energy Management Program, a 45 percent increase
• $125 million for the research and development for Smart Grid, energy storage, and clean energy transmission and reliability technologies
• $27 million for solid state lighting, a $2 million increase
According to NEMA President and CEO Evan R. Gaddis, these funding amounts are in addition to the monies associated with the economic stimulus package.
"It is great to see Congress recognizing the importance of these NEMA prioritized programs, and that they are willing to allocate the needed resources accordingly," Gaddis said. "I am thrilled that the Department of Energy will have much-needed resources available. This in turn will benefit electrical manufacturers."
NEMA is the association of electrical and medical imaging equipment manufacturers. Founded in 1926 and headquartered near Washington, D.C., its approximately 450 member companies manufacture products used in the generation, transmission and distribution, control, and end use of electricity. These products are used in utility, industrial, commercial, institutional, and residential applications. The association's Medical Imaging & Technology Alliance (MITA) Division represents manufacturers of cutting-edge medical diagnostic imaging equipment including MRI, CT, x-ray, and ultrasound products. Worldwide sales of NEMA-scope products exceed $120 billion. In addition to its headquarters in Rosslyn, Virginia, NEMA also has offices in Beijing and Mexico City. Visit our website at www.nema.org