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Oversight of the department of Energy Research and development enterprise. Welcome, mr. Secretary. Were delighted youre here today. This committee has jurisdiction over the department of energys vitally important science and Energy Research and development activities. The laboratories and facilities so i hope we see you much more frequently from now on, and i look forward to working with you throughout this congress. With the budget season mostly behind us, id like to bring just a few minutes and a few items to your attention. Ill start with the good news which is that despite the administrations best effort to make draconian cuts across the board to deo research and Development Programs, most actually fared well in the house of representatives. Im particularly pleased to see the increases to the budget for arpae ....
Test. Test. Test. And part of that reason is because of the research that is going on at our National Labs. And im going to, again, ask paul to share with you, just because hes fresh out of seeing some of this and has to do with the Battery Storage. And the progress being made on Battery Storage is really fascinating. And ive always said that Battery Storage is the holy grail. If were able to get to that point where we can use our renewables, solar and wind in particular to power these batteries that have long time storage, and what were finding now is that the the elements that are being used to create some of these batteries are not Rare Earth Minerals and theyre elements that we have right here in the ....
We are looking at the reliably of the electric grid, with state utility were presented to us. You are watching live coverage on cspan 3. My heart is full of gratitude. That is the thought right now. To all of you, to my colleagues, to the staff, being the chairman of the house and conference committee, is the ultimate thing in congress. This is been the best. We have a whole other year ahead of us. Thank you for your service. [ applause ]. We have a lot of work to do. Go ahead and get started. State utility regulators have challenges. They have affordable electricity. They have this during this congress. They understand what drives the growing reliability crisis. This is from the entire electricity portfolio over an extended period of time. They have different retail choices. We are relying more on transitional organizations. This is due to environmental growing regulations and agencies. Fans will be on foster fuel generation, and market distortions. These factors are contributing to p ....
My heart is full of gratitude. That is the thought right now. To all of you, to my colleagues, to the staff, being the chairman of the house and conference committee, is the ultimate thing in congress. This is been the best. We have a whole other year ahead of us. Thank you for your service. [ applause ]. We have a lot of work to do. Go ahead and get started. State utility regulators have challenges. They have affordable electricity. They have this during this congress. They understand what drives the growing reliability crisis. This is from the entire electricity portfolio over an extended period of time. They have different retail choices. We are relying more on transitional organizations. This is due to environmental growing regulations and agencies. Fans will be on foster fuel generation, and market distortions. These factors are contributing to premature retirement for most of our reliable and most dispatched resources. As of the increased connected grid, they have a much wider im ....