c. Graph, "Energy Facility Cumulative Capital Requirements, 1975-1985" Energy (1975-1985) Cumulative capital requirements needed to implement the accelerated supply scenario of Project Independence for the 1975-85 period are estimated at $454 billion. This amount does not include lease bonus payments, outlays expensed for tax purposes, or investments required for tanker fleets. Twenty-two percent of the Project Independence capital costs estimate is for oil and gas sector expenditures, 31 percent for nuclear energy expenditures, and 26 percent for electrical transmission capital requirements. 1 An independent study by the National Academy of Engineering' of capital requirements for the 1974-85 period, estimated requirements to range from $490 billion to $610 billion. US Energy Prospects, An Engineering Viewpoint, National Academy of Engineering. 1974, page 96. d. Table, "Summary of Major Technical Problems" Electric power generation Thermal conversion Photovoltaic Systems on buildings Wind energy conversion Ocean thermal difference Development of efficient growth, harvesting, chipping. drying and transportation systems. Development of efficient conversion processes and economical sources of organic materials. Optimization of fuel production for different feed materials. Optimization of organic feed system and oil separation process. Development of collector, heat transfer and storage Development of low-cost long-life solar arrays. Development of light-weight, long-life, low-cost solar H. TABLES OF CONTENTS FROM RECENT HEARINGS, REPORTS AND OTHER CONGRESSIONAL DOCUMENTS DIRECTLY RELATED TO SOLAR ENERGY 1. Hearings a. Solar Energy Research, Development or Demonstration (1.) House Committee on Science and Astronautics, Subcommittee on Energy, "Solar Energy Research, Development, and Demonstration Act of 1974," July 30 and August 2, 1974 SOLAR ENERGY RESEARCH, DEVELOPMENT, AND DEMONSTRATION ACT OF 1974 CONTENTS WITNESSES July 30, 1974: Michael H. Moskow, Assistant Secretary for Policy Development and August 2, 1974: Frank G. Zarb, Associate Director for Natural Resources, Energy and Dr. Raymond L. Bisplinghoff, Deputy Director, National Science Hon. Dixy Lee Ray, Chairman, U.S. Atomic Energy Commission.... Dr. James C. Fletcher, Administrator, National Aeronautics and Space Statement by Congressman Bill Gunter.. (III) Page 25 41 70 90 95 170 364 380 |