Army to Spend Billions to Save Billions (Hopefully)
by Paul McLeary (Aviation Week) The Army says that it wants to drop about $7.1 billion over the next decade on renewable-energy technologies, in order to try and shave some zeros off of the annual $15 billion it currently spends on oil. In order to help figure out how, Army Secretary John McHugh announced last week the establishment of the Energy Initiatives Office Task Force, which will be focused on “working with the private sector to execute large-scale renewable energy projects,” according to an Army statement.
…McHugh’s announcement came shortly after Boeing and Siemens announced a “strategic alliance” for the development of smart-grid technologies to improve energy savings at military installations, as part of industry’s attempt to help the Pentagon reduce its $15 billion-a-year oil habit. READ MORE and MORE (US Army)
Note from Joanne Ivancic, Advanced Biofuels USA Executive Director–Oil is not usually used for heat/power/grid. This investment, as described in this article, will have little impact on the $15 billion-a-year oil habit.