Meeting the Need for Affordable and Reliable
Electricity
by Samuel Wright Bodman
U.S. Secretary of Energy
President George W. Bush has always said the private sector is the key to
securing a strong and stable energy sector. I want to affirm our commitment
to working with the power-generation, transmission and distribution industry
to meet the nation's need for affordable and reliable electricity.
The administration's approach to enhanced energy security covers three broad
areas: increasing the supply of energy from clean, alternative power sources;
improving energy efficiency so we can do more with less; and both upgrading
and modernizing our energy infrastructure.
Clean Power Sources
Let me begin with the logical first step: creating the energy sources we
need to maintain a healthy, growing economy. The president's Advanced
Energy Initiative calls for additional spending beginning with a
22 percent increase next year to speed the development of alternative
and renewable energy sources. We are focusing on wind and solar power,
cellulosic ethanol, lithium ion batteries for use in hybrid-powered vehicles,
and hydrogen fuel cells.
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