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EERE Financial Opportunities
 
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The Office of Energy Efficiency and Renewable Energy (EERE) works with industry and outside agencies through two mechanisms: financial assistance and procurement.

Through financial assistance, EERE provides funding for renewable energy and energy efficiency research and development. Financial assistance awards transfer money, property, or services to a recipient so that it can accomplish a public purpose authorized by federal statute. For example, a financial assistance award might be used to fund research to improve the efficiency of photovoltaic cells. In fiscal year 2007, EERE awarded $574 million in financial assistance.

Specific types of financial assistance directly funded by EERE include:

In addition, financial assistance may be available through other organizations in EERE's funding stream. Examples of these types of funding mechanisms are:

EERE also works with businesses, industries and others for the procurement of goods and services. A procurement contract is used to purchase, lease, or barter property or services for the benefit of the federal government. For example, EERE would use a procurement contract to purchase computers for its employees. In fiscal year 2007, EERE procured $49 million of goods and services.

For more information about EERE procurement, see the Department of Energy's Office of Procurement and Assistance Management Web site.