Senators Coons, Graham, Luján applaud launch of DOE foundation to support new clean energy tech

Source: United States Senator for Delaware Christopher Coons

WASHINGTON – U.S. Senators Chris Coons (D-Del.), Lindsey Graham (R-S.C.), and Ben Ray Luján (D-N.M.) applauded the U.S. Department of Energy’s (DOE) launch of the Foundation for Energy Security and Innovation (FESI) that will partner with the private sector to create, develop, and commercialize clean energy technologies. Senators Coons, Graham, and Luján led the Partnerships for Energy Security and Innovation Act to create FESI, which President Biden signed into law as part of the bipartisan CHIPS and Science Act in August 2022.

“The Foundation for Energy Security and Innovation will boost American competitiveness and channel private-sector investments into critical partnerships between the Department of Energy, its world-class National Labs, the private sector, and the philanthropic community. I’m grateful that Secretary Jennifer Granholm is making this a priority,” said Senator Coons. “Through its flexible design, FESI will accelerate the commercialization of clean energy technologies that are needed to meet our climate goals. I was proud to lead the legislation to create this foundation with Senators Graham and Luján, and I look forward to working with the DOE to support its success.”

“Investing in research and development – particularly as it pertains to energy – is a no-brainer. FESI is an opportunity for the Department of Energy to partner with the private sector, creating a unique opportunity for innovation,” said Senator Graham. “I look forward to working with my colleagues, stakeholders, and the Secretary to launch the foundation and foster new ideas and partnerships to keep America on the cutting edge of economic and technological developments.”

“The U.S. must remain competitive with transformative scientific research and development by harnessing the work done at New Mexico’s Los Alamos and Sandia National Labs,” said Senator Luján. “I’m pleased to have championed the DOE’s first foundation that prioritizes just that. FESI will promote partnerships between the public and private sectors, train the workforce, and drive innovation both in New Mexico and across the country.”

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