S'abonner

DOE creates the Foundation for Energy Security and Innovation.

The U.S. Department of Energy (DOE) announces the creation of the Foundation for Energy Security and Innovation (FESI), the first agency-related foundation of its kind. FESI will help DOE achieve its mission of ensuring America's continued security and prosperity through science and technology solutions.

Share:

The U.S. Department of Energy (DOE) has announced the creation of the Foundation for Energy Security and Innovation (FESI), the first agency-related foundation of its kind. FESI will help DOE achieve its mission of ensuring America’s continued security and prosperity through science and technology solutions. It will also support the commercialization of new and existing energy technologies through investments and engagements with the private sector and philanthropic communities.

 

Benefits of FESI for DOE

DOE has established twelve independent 501 (c) (3) agency-related nonprofit organizations since 1959. These organizations generated an average return of $67 for every dollar of federal contribution. Once established, FESI will bring greater flexibility and efficiency to the way DOE supports a broad portfolio of energy research, commercialization, and coordination. It will foster public-private partnerships, invest in companies commercializing critical energy technologies, support underrepresented groups and regions responding to DOE funding opportunities, and address a wide range of systemic and distributed federal, state, and local deployment challenges.

 

The Request for Information (RFI) soliciting comments

FESI is subject to the Request for Information (RFI) to solicit public and stakeholder input on how DOE can engage with the foundation and the communities it will serve. The RFI is requesting information from potential stakeholder groups, including philanthropic and nonprofit organizations, community stakeholders, DOE National Laboratory foundations, potential investors in companies developing technologies aligned with DOE’s mission, industry stakeholders, particularly those representing diverse regions, sectors, and communities, and other potential stakeholders or collaborators.

 

Reactions from political figures

Several political figures have expressed their support for the creation of the FESI. U.S. Senator Lindsey Graham (R-SC) said FESI is an opportunity for the Department of Energy to partner with the private sector, creating a unique opportunity for innovation. U.S. Senator Chris Coons (D-DE) also welcomed the creation of FESI, saying it will boost U.S. competitiveness and channel private sector investment into critical partnerships between the Department of Energy, its world-class national laboratories, the private sector and the philanthropic community.

  • Populaires ​
US natural gas production to hit historic high in 2025
Ecuador: Partial Resumption of Oil Transport After Major Climatic Disruptions
Maple Creek Energy launches strategic RFP for US gas project
BP and Shell sign strategic agreements to revive Libya’s oil industry
Masdar and Iberdrola invest €5.2bn in UK offshore wind
Terna and NPC Ukrenergo sign strategic agreement for European energy integration
Terna and NPC Ukrenergo have concluded a three-year partnership in Rome aimed at strengthening the integration of the Ukrainian grid into the pan-European system, with an in-depth exchange of technological and regulatory expertise.
GE Vernova modernises TransnetBW’s key cross-border power hub in Germany
GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.
Britain anticipates massive surge in electricity demand by 2050
The National Energy System Operator forecasts electricity demand to rise to 785 TWh by 2050, underlining the need to modernise grids and integrate more clean energy to support the UK’s energy transition.
Terna secures €1bn in guarantees with SACE and EIB for Adriatic Link project
Terna has signed a guarantee agreement with SACE and the European Investment Bank to finance the Adriatic Link project, totalling approximately €1bn ($1.08bn) and validated as a major transaction under Italian regulations.
India reforms oil contracts to attract more international investors
India unveils a series of reforms on oil and gas contracts, introducing a fiscal stability clause to enhance the sector’s attractiveness for foreign companies and boost its growth ambitions in upstream energy.
The European Union commits EUR2.3bn to accelerate Ukraine’s energy reconstruction
The European Commission is launching a special fund of EUR2.3bn ($2.5bn) to boost Ukraine’s reconstruction and attract private capital to the energy and infrastructure sectors.
Asia accounts for 71% of new renewable capacity, Africa remains marginalised
Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.
Trump law reshapes US energy markets according to Wood Mackenzie
US President Donald Trump's One Big Beautiful Bill Act dramatically changes energy investment rules, imposing restrictions on renewables while favouring hydrocarbons, according to a recent report by consultancy firm Wood Mackenzie.
The French Senate adopts the Gremillet bill for energy transition
On July 8, 2025, the Senate validated the Gremillet bill, aimed at structuring France's energy transition with clear objectives for nuclear power, renewable energies, and energy renovation.
Latin America’s six largest economies accelerate transition to renewables
Brazil, Mexico, Argentina, Colombia, Chile, and Peru significantly increase renewable electricity production, reaching nearly 70% of the regional electricity mix, according to a recent Wood Mackenzie study on Latin America's energy sector.
Canada funds 13 Indigenous energy projects with $40mn investment
The Canadian government announces an investment of more than $40mn to fund 13 energy projects led by Indigenous communities across the country, aiming to improve energy efficiency and increase local renewable energy use.
Germany extends electricity price aid to 2,200 companies
The German Ministry of Economy plans to significantly expand aid aimed at reducing industrial electricity costs, increasing eligible companies from 350 to 2,200, at an estimated cost of €4bn ($4.7bn).
Czech Republic hit by massive power outage disrupting the economy
A major electricity blackout paralyzed large parts of the Czech Republic, interrupting transport and essential networks, raising immediate economic concerns, and highlighting the vulnerability of energy infrastructures to unforeseen technical incidents.
France anticipates significant slowdown in emission reductions starting in 2025
French greenhouse gas emissions are expected to rise by 0.2% in the first quarter of 2025, indicating a global slowdown in reductions forecast for the full year, according to Citepa, an independent organisation responsible for national monitoring.
U.S. Senate Approves Accelerated End to Renewable Energy Tax Credits
The Republican budget bill passed by the U.S. Senate accelerates the phase-out of tax credits for renewable energies, favoring fossil fuels and raising economic concerns among solar and wind industry professionals.
Brazil: renewable energy curtailment to jump by 300% by 2035
Rapid growth in solar and wind capacities will lead to a significant rise in electricity curtailment in Brazil, as existing transmission infrastructure remains inadequate to handle this massive influx of energy, according to a recent study by consulting firm Wood Mackenzie.
South Korea reduces its dependence on fossil fuels below 50%
In April 2025, fossil fuels represented 49.5% of South Korea's electricity mix, dropping below the symbolic threshold of 50% for the first time, primarily due to a historic decline in coal-generated electricity production.
US Senate adopts tax neutrality for advanced biofuels
The US Senate Finance Committee modifies the '45Z' tax credit to standardize the tax treatment of renewable fuels, thereby encouraging advanced biofuel production starting October 2025.
Renewable energy: access improving, but financing still insufficient for Africa
According to the 2025 report on global energy access, despite notable progress in renewable energy, insufficient targeted financing continues to hinder electricity and clean cooking access, particularly in sub-Saharan Africa.
China and the United States improve their energy performance in an unstable global context
While advanced economies maintain global energy leadership, China and the United States have significantly progressed in the security and sustainability of their energy systems, according to the World Economic Forum's annual report.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING