DOE has finalized a $17.1 million loan guarantee using
American Recovery and Reinvestment Act funds for the
AES Westover facility in upstate New York, site of the first
battery-based energy storage project to get the DOE loan
guarantee.
Public policies such as appliance and vehicle efficiency standards and building codes are responsible for at least 20% of the improvement in the US's energy intensity--energy use per unit of GDP. (Source: Institute for 21st Century Energy)
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
In 2007, renewable sources of energy accounted for about 7% of total U.S. energy consumption and 9.4% of electricity generation. (Source: EIA)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Electricity generation accounts for about 40% of total U.S. energy consumption. (Source: Institute for 21st Century Energy)
