DOE Budget Request Submitted
13 February 2007
NUCLEAR ENGINEERING INTERNATIONAL (UK) -- US secretary of energy Samuel W. Bodman announced President Bush’s $24.3 billion budget request for the Department of Energy (DoE) for the 2008 fiscal year, to strengthen energy security by diversifying resources and reducing reliance on foreign sources.
The FY 2008 request, which is 26% more than last year’s, is designed to accelerate the deployment of renewable energy, clean coal and nuclear. This comes through the Advanced Energy Initiative (AEI) which promotes the development of cleaner sources of electricity production and which accounts for $2.7 billion of the total DoE budget.
The Office of Civilian Radioactive Waste Management requests $495 million to further plan for a permanent, geologic repository for spent nuclear fuel and high-level nuclear waste at Yucca Mountain in Nevada. At $50 million below the FY 2007 request, the latest budget sets the DoE on a path to file a licence application no later than 30 June, 2008.
Source: www.neimagazine.com
Source Reliability: 7.5
-Josh
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