Contemporary energy studies: a review of electric utility industry-related topics
In response to a request from the National Petroleum Council's Committee on Future Energy Prospects, Edison Electric Institute formed Task Group 20 to review electric utility industry-related subject matter appearing in major energy studies published over the past few years. The studies reviewed include: (1) Bankers Trust Company's ''Capital Resources for Energy''; (2) Edison Electric Institute's ''Economic Growth in the Future''; (3) Exxon Company, USA's ''Energy Outlook''; (4) Federal Energy Administration's ''National Energy Outlook''; (5) Ford Foundation Energy Policy Project's ''A Time to Choose''; (6) Pace Company's ''Energy and Petrochemicals in the U.S. to 1990''; (7) Shell Oil Company's ''Energy Outlook''; (8) Bureau of Mines' ''United States Energy Through 2000 (Revised)''; (9) Library of Congress' ''Toward Project Interdependence: Energy in the Coming Decade''; (10) Federal Power Commission Technical Advisory Committee on Finance's ''Financial Outlook for the Electric Power Industry''; and (11) the National Electric Reliability Council's ''Fossil and Nuclear Fuel for Electric Utility Generation: Requirements and Constraints, 1976-1985.'' The eleven studies differed greatly, but some conclusions could be drawn, namely: (1) economic growth will be somewhat slower over the next 25 years than in the 1960s and early 1970s; (2) growth in energy consumption also will be slower, partly due to reduced rates of economic growth and partly to higher prices and restricted availability of energy; (3) energy consumption growth rates are likely to average between 2.7 and 3.3% per year for the period 1975 to 2000; (4) consumption of energy to generate electricity will grow at approximately twice the rate of that for all other uses; and (5) the relative importance of raw energy sources will change markedly in the next 25 years. (MCW)
- OSTI ID:
- 5175024
- Journal Information:
- Electr. Perspect.; (United States), Vol. 77/6
- Country of Publication:
- United States
- Language:
- English
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