DOE Offers Loan Guarantee for New Southwest Transmission Project
DOE has offered a conditional commitment for a $350 million
loan guarantee for a transmission line in Nevada that will
improve grid reliability and create more than 400 jobs.
The United States makes up 5% of the world's population and accounts for 25% of total energy use.
Crude oil, taxes, refining, distribution and marking are the four main components that make up the retail price of a gallon of gasoline. (Source: EIA)
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
Electricity generation accounts for about 40% of total U.S. energy consumption. (Source: Institute for 21st Century Energy)
In 2007, renewable sources of energy accounted for about 7% of total U.S. energy consumption and 9.4% of electricity generation. (Source: EIA)
