EIA: Press Releases
Press Releases from the Energy Information Administration
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04/08/2008 09:00 AM
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Federal Energy Subsidies and Support Double between 1999 and 2007
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Total Federal energy-specific subsidies and support to all forms of energy are estimated to have reached $16.6 billion for fiscal year (FY) 2007, according to Federal Financial Interventions and Subsidies in Energy Markets 2007, released today by the Energy Information Administration (EIA).
This amount is more than double the level, in real terms (2007 dollars), of the estimated $8.0 billion shown in the last EIA report on subsidies completed in May 2000.
Tax expenditures, one of four types of subsidies examined in the report, have more than tripled since 1999, rising from $3.2 billion in 1999 to more than $10.4 billion in 2007.
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03/31/2008 07:00 PM
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U.S. Nuclear Electricity Generation at Record Level in 2007
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The U.S. nuclear industry supplied a record 806.5 billion kilowatthours of electricity in 2007. The largest increase came in Tennessee, with 4 billion kilowatthours more nuclear-provided electricity in 2007 than in 2006, an increase of 16 percent, according to preliminary Energy Information Administration (EIA) data released today. National total nuclear generation was 2.4 percent higher than in 2006, and 2.3 percent higher than in the previous record year, 2004. The capacity factor (the amount of power actually generated compared with the maximum amount that could be generated) for 2007 was 91.8 percent, exceeding the previous record capacity factor of 90.3 percent in 2002.
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01/03/2008 04:00 PM
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Energy Outlook Update to Address Impacts of Recent Energy Legislation
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The Energy Information Administration (EIA) will be updating recently released projections of U.S. energy demand and supply through 2030 to reflect the provisions of the Energy Independence and Security Act of 2007, which was signed into law on December 19, 2007. Specifically, the Annual Energy Outlook 2008 (AEO2008) reference case, which is often used as the baseline for analyses of proposed policy changes and had originally reflected existing laws and policies as of October 2007, will be revised to reflect the estimated impacts of this new law on future energy use.
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