Energy costs (1 - 10 of 37 items)
Tennessee Valley Authority: Full Consideration of Energy Efficiency and Better Capital Expenditures Planning Are Needed
GAO-12-107: Published: Oct 31, 2011. Publicly Released: Dec 1, 2011.
The Tennessee Valley Authority (TVA), the nation's largest public power provider, is a self-financing, federal electric utility with annual revenues of about $11 billion. TVA has financed large capital investments mostly by issuing debt and is subject to a $30 billion debt ceiling imposed by the TVA Act. TVA is governed by a 9-member Board. Within an affirmation requirement for the TVA Board, the...
Energy Markets: Refinery Outages Can Impact Petroleum Product Prices, but No Federal Requirements to Report Outages Exist
GAO-09-87: Published: Oct 7, 2008. Publicly Released: Nov 6, 2008.
In recent years, global demand for petroleum products such as gasoline and diesel fuel has grown more quickly than the capacity to produce them, creating a tight market. U.S. refiners have been running near capacity, particularly during peak summer demand. In such conditions, unexpected refinery outages can result in price increases that adversely affect consumers. GAO was asked to evaluate (1) th...
Economic and Other Implications of Switching from Coal to Natural Gas at the Capitol Power Plant and at Electricity-Generating Units Nationwide
GAO-08-601R: Published: May 1, 2008. Publicly Released: May 1, 2008.
Elevated concentrations of greenhouse gases--carbon dioxide, methane, nitrous oxide, and several synthetic chemicals--in the atmosphere resulting from the combustion of fossil fuels and other sources have the potential to cause significant changes in the earth's climate. These potential impacts include shifts in sea level and weather patterns and could pose threats to coastal and other infrastruct...
Strategic Petroleum Reserve: Improving the Cost-Effectiveness of Filling the Reserve
GAO-08-726T: Published: Apr 24, 2008. Publicly Released: Apr 24, 2008.
The Strategic Petroleum Reserve (SPR) was created in 1975 to help protect the U.S. economy from oil supply disruptions and currently holds about 700 million barrels of crude oil. The Energy Policy Act of 2005 directed the Department of Energy (DOE) to increase the SPR storage capacity from 727 million barrels to 1 billion barrels, which it plans to accomplish by 2018. Since 1999, oil for the SPR h...
National Energy Policy: Inventory of Major Federal Energy Programs and Status of Policy Recommendations
GAO-05-379: Published: Jun 10, 2005. Publicly Released: Jun 14, 2005.
The lives of most Americans are affected by energy. Increased energy demand and higher energy prices has led to concerns about dependable, affordable, and environmentally sound energy. The federal government has adopted energy policies and implemented programs over the years that have focused on the appropriate role of the federal government in energy, attempting to achieve balance between supply...
Energy Policy: Other Nations' Policies to Reduce Oil and Coal Use in Transport and Industry
RCED-93-139: Published: May 28, 1993. Publicly Released: Jun 30, 1993.
Pursuant to a congressional request, GAO examined energy use in Canada, France, Germany, Japan and South Korea, focusing on: (1) factors influencing the type and amount of energy the countries use; and (2) the countries' key energy policies and programs to promote energy efficiency and oil and coal conservation in their industrial and transportation sectors.GAO found that: (1) the factors influenc...
Full Disclosure of National Energy Strategy Analyses Needed to Enhance Strategy's Credibility
T-RCED-91-76: Published: Jul 8, 1991. Publicly Released: Jul 8, 1991.
GAO discussed the development of the Department of Energy's (DOE) National Energy Strategy (NES), focusing on the: (1) analytical support the policy proposals set forth; and (2) factors that will influence its potential success. GAO noted that: (1) in the latter stages of the NES development process, there was less public participation than DOE originally intended; (2) energy and environmental ben...
Energy Information: Status, Cost, and Need for Energy Consumption and Fuel Switching Data
RCED-89-98: Published: Apr 19, 1989. Publicly Released: May 22, 1989.
In response to a congressional request, GAO reviewed the adequacy of the Energy Information Administration's (EIA) energy information program data on industrial fuel switching, focusing on the: (1) status of information collected on industrial fuel use and fuel switching; (2) costs to government and industry to collect the information; and (3) need for the information.GAO found that: (1) EIA distr...
Oil-Risk Insurance: Choosing the Best Buy
136530: Jan 1, 1988
This article, which appeared in the GAO Journal, No. 2, Summer 1988, discusses the ways the United States can insure itself against the risks of uncertain oil prices and supplies through energy efficiency. Since 1973, the United States gained 3.5 times as much new energy from savings as it lost from the decline in domestic hydrocarbon output and 78 percent more oil and gas than it lost in domestic...
Oil Reserves: An Analysis of Costs--Past, Present, and Future
RCED-87-204FS: Published: Sep 29, 1987. Publicly Released: Oct 13, 1987.
Pursuant to a congressional request, GAO investigated the cost of the Strategic Petroleum Reserve (SPR).GAO found that: (1) the total estimated cost of developing and filling SPR through fiscal year 1987 was $18 billion, with an average per-barrel cost of $33.74; (2) the estimated cumulative incremental cost per barrel for oil-fill activities was $23.00 for 1988 through 1992, $25.85 for 1988 throu...