Energy costs (1 - 10 of 28 items)
Defense Infrastructure: Energy Conservation Investment Program Needs Improved Reporting, Measurement, and Guidance
GAO-16-162: Published: Jan 29, 2016. Publicly Released: Jan 29, 2016.
The Department of Defense (DOD) collects information on how Energy Conservation Investment Program (ECIP) projects are expected to perform when operational, including anticipated returns on investment and energy or water savings. While DOD annually notifies congressional committees of proposed ECIP projects and includes some of this performance information with the notification, it does not do so...
Energy Savings Performance Contracts: Additional Actions Needed to Improve Federal Oversight
GAO-15-432: Published: Jun 17, 2015. Publicly Released: Jun 17, 2015.
The seven selected agencies in GAO's review awarded approximately $12.1 billion in energy savings performance contracts (ESPC) in fiscal years 1995 through 2014 and plan to continue using them to help meet federal energy directives and initiatives. Under ESPCs, private contractors finance the up-front costs of energy improvements. Agencies then repay contractors from the savings, such as those res...
Fusion Energy: Observations on DOE's Cost and Schedule Estimates for U.S. Contributions to an International Experimental Reactor
GAO-14-750T: Published: Jul 11, 2014. Publicly Released: Jul 11, 2014.
Since the International Thermonuclear Experimental Reactor (ITER) Agreement was signed in 2006, the Department of Energy's (DOE) estimated cost for the U.S. portion of ITER has grown by almost $3 billion, and its estimated completion date has slipped by 20 years. DOE has identified several reasons for the changes, such as increases in hardware cost estimates as designs and requirements have been m...
Fusion Energy: Actions Needed to Finalize Cost and Schedule Estimates for U.S. Contributions to an International Experimental Reactor
GAO-14-499: Published: Jun 5, 2014. Publicly Released: Jun 5, 2014.
Since the International Thermonuclear Experimental Reactor (ITER) Agreement was signed in 2006, the Department of Energy's (DOE) estimated cost for the U.S. portion of ITER has grown by almost $3 billion, and its estimated completion date has slipped by 20 years (see fig.). DOE has identified several reasons for the changes, such as increases in hardware cost estimates as designs and requirements...
Department of Energy: Further Actions Are Needed to Improve DOE's Ability to Evaluate and Implement the Loan Guarantee Program
GAO-10-627: Published: Jul 12, 2010. Publicly Released: Jul 12, 2010.
Since the Department of Energy's (DOE) loan guarantee program (LGP) for innovative energy projects was established in Title XVII of the Energy Policy Act of 2005, its scope has expanded both in the types of projects it can support and in the amount of loan guarantee authority available. DOE currently has loan guarantee authority estimated at about $77 billion and is seeking additional authority. A...
Defense Infrastructure: Department of Defense Renewable Energy Initiatives
GAO-10-681R: Published: Apr 26, 2010. Publicly Released: Apr 26, 2010.
This letter formally transmits the briefing in response to section 2846 of the National Defense Authorization Act for Fiscal Year 2010. The act required the Comptroller General to report on the Department of Defense's renewable energy initiatives, including projects involving the installation of solar panels...
Energy Star Program: Covert Testing Shows the Energy Star Program Certification Process Is Vulnerable to Fraud and Abuse
GAO-10-470: Published: Mar 5, 2010. Publicly Released: Mar 26, 2010.
American consumers, businesses, and federal agencies rely on the Energy Star program to identify products that decrease greenhouse emissions and lower energy costs. In addition, the federal government and various states offer tax credits and other incentives to encourage the use of energy-efficient products including Energy Star products. Specifically, approximately $300 million from the American...
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...
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...