Plug-In Hybrid Automaker to Reopen a GM Plant Using a DOE Loan
Fisker Automotive will use a $359 million loan from DOE to
revive a shuttered General Motors Corporation (GM) auto
plant in Delaware and build its new plug-in hybrid sedan.
In 2007, the average monthly residential electricity consumption was 936 kWh. (Source: EIA)
In 2007, about 58% of the petroleum consumed in the U.S. was imported from foreign countries--primarily Canada, Saudia Arabia, Venezuela, Mexico and Nigeria. (Source: EIA)
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Today’s challenges of reducing greenhouse gas emissions while meeting the country’s steadily rising demand for electricity make it essential for legislatures and public utility commissions to shift their focus toward mechanisms that make demand reduction as profitable for utilities as increasing supply. (Source: Institute for 21st Century Energy)
