These energy sources complement hydropower, which already produces a sizeable share of the world's electricity. Through better turbine technology, we are working to make it more efficient and more environmentally friendly. Last week I announced the Administration's electricity restructuring plan, which will spur the use of renewable energy sources. It includes a 7.5 percent renewable portfolio standard and a public benefits fund that will support research and development into renewable energy, and it allows consumers to choose suppliers of green power in a competitive environment. Before I close, I want to thank Congress for supporting the Department's research and development into technologies like those on display here today.
Continued progress requires more such investment.
In all these efforts, we need your support. I also want to thank our participating industries. The Department of Energy is partners with many of the companies represented here today in the Sustainable Energy Coalition. By working with industry, we can get new technologies to market faster, cheaper, and more efficiently. These partnerships help keep America a leader in the global economy.