Representative Jared Huffman introduces H.R. 10674: National Institutes of Clean Energy Act of 2026

We have received text from H.R. 10674: National Institutes of Clean Energy Act of 2026. This bill was received on 2026-10-01, and currently has 5 cosponsors.

Here is a short summary of the bill:

This bill would create a new agency in the Department of Energy called the National Institutes of Clean Energy by January 1, 2030.

What the new agency would do

The agency would focus on research, development, and demonstration projects related to clean energy and climate science. Its work would include investing in technologies and projects intended to:

• reduce greenhouse gas emissions;
• use less energy, water, and materials;
• support renewable energy production;
• reduce environmental and public health harms, especially in communities that have been disproportionately affected by pollution and climate change.

Types of research and projects it would support

The bill says the agency should support a range of clean energy efforts, including:

• microgrids;
• energy storage, including long-duration storage;
• electric vehicles;
• advanced energy technologies for hard-to-decarbonize sectors like aviation and shipping;
• research on how energy production affects frontline communities;
• research on job loss, job creation, and workforce development related to the transition to cleaner energy.

Priorities for funding

The bill directs the agency to give priority to projects that:

• reduce environmental harms or health impacts in frontline, vulnerable, and disadvantaged communities;
• improve public health in those communities;
• create high-quality jobs with strong labor standards;
• advance clean energy and climate science;
• are carried out at public universities, land-grant colleges and universities, minority-serving institutions, and consortia made up of those institutions;
• take place in areas that experienced the worst job losses between 2018 and 2026, including rural and deindustrialized areas.

Who would count as a target community

The bill defines “frontline, vulnerable, and disadvantaged communities” as areas where climate change, pollution, or environmental damage has worsened inequalities, especially for Black, Brown, and Indigenous people, other communities of color, migrant communities, deindustrialized communities, rural communities, low-income workers, women, older adults, unhoused people, people with disabilities, and youth.

Funding

The bill authorizes $400 billion in appropriations over fiscal years 2027 through 2036 to establish and run the Institutes.

Relevant Companies

• TSLA — Tesla could be affected by increased federal support for electric vehicles, battery storage, and related clean energy technologies.
• ENPH — Enphase Energy could benefit from greater investment in solar-related technology and distributed energy systems.
• SEDG — SolarEdge Technologies could be affected by expanded federal funding for solar and grid-related clean energy projects.
• PLUG — Plug Power could be impacted if the bill leads to more research and deployment of clean hydrogen technologies.
• VWSYF — Vestas Wind Systems could be indirectly affected by broader federal support for renewable energy research and deployment.
• NEE — NextEra Energy could be affected by increased federal activity supporting renewable generation, storage, and grid modernization.

Representative Jared Huffman Bill Proposals

Here are some bills which have recently been proposed by Representative Jared Huffman:

• H.R.10674: To establish the National Institutes of Clean Energy.
• H.R.10623: To reaffirm the applicability of the Indian Reorganization Act to the Lytton Rancheria of California, and for other purposes.
• H.R.10073: Critically Endangered Animals Conservation Act of 2026
• H.R.8514: Active Transportation for Public Lands Act
• H.R.7254: To amend the National Trails System Act to direct the Secretary of the Interior to conduct a study on the feasibility of designating the Bay Area Ridge National Scenic Trail, and for other purposes.
• H.R.6913: Northwest California Wilderness, Recreation, and Working Forests Act

You can track bills proposed by Representative Jared Huffman on Investivoq's politician page for Huffman.

Representative Jared Huffman Net Worth

Investivoq estimates that Representative Jared Huffman is worth $1.7M, as of October 8th, 2026. This is the 288th highest net worth in Congress, per our live estimates.

Huffman has approximately $204.4K invested in publicly traded assets which Investivoq is able to track live.

You can track Representative Jared Huffman's net worth on Investivoq's politician page for Huffman.

2026 California's 2nd Congressional District Election

There has been approximately $1,316,207 of spending in California's 2nd congressional district elections over the last two years, per our estimates.

Approximately $10,131 of this has been from outside spending by PACs and Super PACs.

The rating for this race is currently "Solid D".

You can track this election on our matchup page for the 2026 California's 2nd congressional district election.

This article is not financial advice. See Investivoq's disclaimers for more information.