National Institutes of Clean Energy Act of 2024

The National Institutes of Clean Energy Act of 2024 establishes a new agency within the Department of Energy by 2028 to fund clean energy research and development. It authorizes $40 billion over 10 years (2025-2034) for projects focused on reducing emissions, building climate resilience, and addressing environmental injustices. The Institutes must prioritize research in advanced energy technologies, climate science, and impacts on frontline communities (including communities of color and low-income areas disproportionately affected by pollution), while supporting job creation in unionized sectors. Key projects include microgrids, energy storage, electric vehicles, and long-duration grid storage, with funding directed to public universities, land-grant institutions, and minority-serving colleges.