Evaluation of proposed Federal assistance for financing commercialization of emerging energy technologies
This report provides a framework and perspective for considering (1) energy actions that could contribute to solving energy problems in the next 10 to 25 years, and (2) the role of the Federal government in encouraging activity in each of the areas. Synthetic fuels production, while technically feasible with first-generation technologies, is not cost effective in that total cost of output is not price competitive with foreign oil. Nor does it look as attractive when compared to other technologies, which were examined, on an incremental-price basis. It is believed synthetic fuels technologies should receive a high priority for government R, D, and D designed to develop more advanced and efficient production technologies; but giving assistance to commercialization of synthetic fuels at the present time is questioned. On the basis of this review, in terms of dollars expended on a cost-effective basis, it is believed that certain conservation measures have by far the greatest potential benefits and should have the top priority for stimulative government actions. Among the supply-increasing technologies considered, several technologies were found to be cost effective either in total or in particular geographic areas. These technologies are hydrothermal energy, municipal-waste-combustion systems, solar hot water and space heating, and tertiary oil recovery. Because they are cost effective, these technologies would be the most efficient to implement in the near future in terms of dollars expended now and in the near future on supplies of energy. (MCW)
- Research Organization:
- General Accounting Office, Washington, D.C. (USA)
- OSTI ID:
- 5240723
- Report Number(s):
- EMD-76-10
- Country of Publication:
- United States
- Language:
- English
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ECONOMICS
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ENERGY CONSERVATION
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
ENHANCED RECOVERY
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FEDERAL ASSISTANCE PROGRAMS
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SYNTHETIC FUELS INDUSTRY
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