Matt Rogers, a senior advisor to Energy Secretary Steven Chu who oversees the disbursement of tens of billions of dollars in stimulus funds for renewable energy projects, has told staffers he will be leaving the Department of Energy in September, G.E.R. has learned. A DOE spokeswoman declined comment.
Rogers is well known in green energy circles for managing more than $36 billion in American Recovery and Reinvestment Act (ARRA) funds. He joined the DOE from consulting powerhouse McKinsey & Co. and was given the power to hand out buckets of green energy money, a job that made him one of the most powerful officials at the DOE.
Chu hired Rogers to streamline how the DOE disburses stimulus money. “Now that these [processes] are in place, we understand that he is leaving in September,” a DOE staffer told G.E.R. DOE spokeswoman Stephanie Mueller responded in an email to G.E.R. that she had “no announcement about Matt Rogers at this time.”
Speaking at a recent industry gathering Rogers said the distribution of federal stimulus funds was nearing cruising speed. He also joked about his waning popularity in the industry now that much of the money has been committed to projects.
The DOE, he said, expects to spend about $800 million a month to support cleantech and renewable energy projects over the next 18 months. So far, a little more than $29 billion has been allocated to green energy and cleantech companies and, over the past 18 months, the DOE has also made $28 billion in loan commitments.
Photo: Department of Energy