Energy Secretary Steven Chu To Step Down

Written By: Thatcher Michelsen February 4, 2013 0
One of the most significant projects undertaken by Secretary Chu's Energy Department was pushing for consumer subsidies for renewable energy installations.
One of the most significant projects undertaken by Secretary Chu's Energy Department was pushing for consumer subsidies for renewable energy installations.

President Barack Obama’s Secretary of Energy, Steven Chu, announced last week that he will be resigning from his post sometime in February, following four years of management that have resulted in serious investments in renewable power technologies, increased funding for innovative projects and, unfortunately, a fair amount of controversy as well.

Secretary Chu stated his intentions in a published letter to the employees of the Department of Energy. In the note, he thanked his team for their service and predicted that the work the Obama administration had begun will continue for many years to come.

“Just as today’s boom in shale gas production was made possible by Department of Energy research from 1978 to 1991, some of the most significant work may not be known for decades. What matters is that our country will reap the benefits of what we have started. It has been a great honor and privilege to work with all of you,” Chu wrote in the letter.

Throughout the letter , the Secretary of Energy expounded on a number of accomplishments the government agency achieved under his leadership, including a wide variety of home and commercial efficiency regulations and standards that have reaped billions of dollars in annual savings. Similarly, the department’s web of research organizations have increased their output and released approximately 2,400 scientific peer-reviewed studies and reports.

There were also some less successful initiatives spearheaded during Chu’s tenure as Energy Secretary. For example, the much-criticized loan of approximately $540 million to Solyndra, the failed American solar panel maker, in 2009 has slowed down the advance of federal green investments. 

With more renewable energy projects opening every year and more potential developments on the horizon, Secretary Chu certainly made a positive impact on the U.S. green power sector. 

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