Description: Responsible for some of the Nation's most important and technically advanced missions, the Department of Energy faces an array of challenges that are more wide-ranging and complex than at any time in its history. While its origins can be largely traced to the Manhattan Project, the Department has evolved into a multi-faceted agency that encompasses a broad range of scientific, environmental, and national security activities. Since its creation under the Department of Energy Organization Act in 1977, the Department has shifted its emphasis and priorities over time as the energy and security needs of the Nation have changed. The Department has recently refocused these efforts, adding particular emphasis on the science and renewable energy components of its portfolio. In this regard, the Department has taken a lead role in the implementation and execution of the energy technology initiatives related to the American Recovery and Reinvestment Act of 2009 (Recovery Act). As a means of accomplishing these initiatives, the Department received a substantial increase in its annual appropriation, rising from nearly $25 billion in 2008 to approximately $34 billion in 2009 as a result of additional funding in the Department's loan program and numerous science, energy, and national security initiatives. In addition, the Department was provided more than $36 billion in Recovery Act funding to be used over a two to three year period. Further, the Department, through existing authorities and those expanded by the Recovery Act, has been authorized to provide more than $100 billion in loan guarantees for innovative, clean energy technologies. To accomplish its vital missions, the Department employs approximately 115,000 Federal and contractor personnel and manages assets valued at more than $189 billion, including the 17 national laboratories at the heart of its science program. On an annual basis, the Office of Inspector General is required to ...
Date: December 1, 2009
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