National Renewable Energy Laboratory Gets $150M in Funding Through Inflation Reduction Act

U.S. Secretary of Energy Jennifer Granholm said the $150-million investment by the Biden administration into the National Renewable Energy Laboratory will provide the laboratory with the resources needed to develop game-changing technology to help the country tackle climate change and create a more resilient and secure power grid. The Department of Energy said the funding, which will come from the Inflation Reduction Act, will help the United States transition into carbon-free power sources and achieve a net-zero economy by 2050, the DOE said.

The additional funding will be used to introduce vital upgrades to laboratory infrastructure including an improved computer model for testing energy grid additions and a research facility for the development of sustainable aviation fuels imperative to addressing the climate crisis. NREL Director Martin Keller said the funding will accelerate by more than three years the planned modernization of DOE’s research infrastructure for clean energy research.