Future budget projections (1 - 10 of 38 items)
Nuclear Regulatory Commission: NRC Needs to Improve Its Cost Estimates by Incorporating More Best Practices
GAO-15-98: Published: Dec 12, 2014. Publicly Released: Dec 16, 2014.
The Nuclear Regulatory Commission's (NRC) overall cost estimating procedures incorporate some best practice characteristics identified in the GAO Cost Estimating and Assessment Guide (Cost Guide), but not others, and do not adequately support the creation of reliable cost estimates (see table). For example, while the procedures include the best practice of developing an estimating plan by outlinin...
Nuclear Weapons: Some Actions Have Been Taken to Address Challenges with the Uranium Processing Facility Design
GAO-15-126: Published: Oct 10, 2014. Publicly Released: Oct 10, 2014.
In January 2013, the National Nuclear Security Administration (NNSA) completed a review to identify the factors that contributed to the space/fit issue with the Uranium Processing Facility (UPF), and identified a number of factors within both NNSA and the contractor managing the UPF design at that time. NNSA's review identified shortcomings in 1) federal oversight of the project, 2) design integra...
Bulk Fuel Pricing: DOD Needs to Reevaluate Its Approach to Better Manage the Effect of Market Fluctuations
GAO-14-595: Published: Jul 8, 2014. Publicly Released: Jul 8, 2014.
During fiscal years 2009 through 2013, the Department of Defense's (DOD) actual costs for bulk fuel differed considerably from its budget estimates, largely because of fluctuations in fuel price in the open market. During this period, DOD underestimated its costs for 3 years and overestimated them for 2 years as shown below. GAO identified two factors that contributed to the differences between es...
Modernizing the Nuclear Security Enterprise: NNSA's Budget Estimates Do Not Fully Align with Plans
GAO-14-45: Published: Dec 11, 2013. Publicly Released: Dec 11, 2013.
The National Nuclear Security Administration's (NNSA) total budget estimates for modernizing the nuclear security enterprise for fiscal years 2014 through 2031 have increased by about $19 billion overall when compared with the estimates in the agency's fiscal year 2012 budget materials, with most of the increase occurring in fiscal year 2019 and beyond. Factors such as sequestration, the achievabi...
Department of Energy: Observations on DOE's Management Challenges and Steps Taken to Address Them
GAO-13-767T: Published: Jul 24, 2013. Publicly Released: Jul 24, 2013.
As GAO has reported over the last decade, the Department of Energys (DOE) management of major projects and programs, security and safety at DOE sites, and reliable enterprise-wide management information, including budget and cost data, are among the most persistent management challenges the department faces. Challenges managing major projects and programs. The Office of Environmental M...
Department of Energy: Observations on Project and Program Cost Estimating in NNSA and the Office of Environmental Management
GAO-13-510T: Published: May 8, 2013. Publicly Released: May 8, 2013.
For more than a decade, GAO has reported on the challenges the Department of Energy's (DOE) National Nuclear Security Administration (NNSA) and the Office of Environmental Management (EM) have faced in meeting their projects' cost performance targets as developed in estimates and for ensuring that these cost estimates are based on sound assumptions. NNSA and EM are included on GAO's High-Risk List...
Clean Coal: DOE's Decision to Restructure FutureGen Should Be Based on a Comprehensive Analysis of Costs, Benefits, and Risks
GAO-09-248: Published: Feb 13, 2009. Publicly Released: Mar 11, 2009.
Coal-fired power plants generate about one-half of the nation's electricity and about one-third of its carbon dioxide (CO2) emissions, which contribute to climate change. In 2003, the Department of Energy (DOE) initiated FutureGen--a commercial-scale, coal-fired power plant to incorporate integrated gasification combined cycle (IGCC), an advanced generating technology, with carbon capture and stor...
Clean Coal: DOE Should Prepare a Comprehensive Analysis of the Relative Costs, Benefits, and Risks of a Range of Options for FutureGen
GAO-09-465T: Published: Mar 11, 2009. Publicly Released: Mar 11, 2009.
This testimony discusses our recent report on the Department of Energy's (DOE) decision to restructure the FutureGen program. The original FutureGen plant was to capture and store underground about 90 percent of its CO2 emissions. DOE's cost share was to be 74 percent, and industry partners agreed to fund the rest. Concerned about escalating costs, DOE announced in January 2008 that it had decided...
Nuclear Waste: Action Needed to Improve Accountability and Management of DOE's Major Cleanup Projects
GAO-08-1081: Published: Sep 26, 2008. Publicly Released: Sep 26, 2008.
The Department of Energy (DOE) spends billions of dollars annually to clean up nuclear wastes at sites that produced nuclear weapons. Cleanup projects decontaminate and demolish buildings, remove and dispose of contaminated soil, treat contaminated groundwater, and stabilize and dispose of solid and liquid radioactive wastes. Ten of these projects meet or nearly meet DOE's definition of major: cos...
Oil and Gas Royalties: Litigation over Royalty Relief Could Cost the Federal Government Billions of Dollars
GAO-08-792R: Published: Jun 5, 2008. Publicly Released: Jun 5, 2008.
Oil and gas production from federal lands and waters is critical to meeting the nation's energy needs. This production provided about 31 percent of all oil and 29 percent of all natural gas produced in the United States in fiscal year 2007. Every five years, the federal government decides the areas in the offshore waters of the United States it will offer for leasing and establishes a schedule for...