Abstract
Funding for electricity-related research and development by electric utilities decreased about 33% from 1993 through 1996, and further reductions were expected in 1997. The General Accounting Office (GAO) found that the Department of Energy`s R and D budget went from $1 billion in 1993 to $1.3 billion in 1995, and back again to $1 billion in 1996. However, electric utility R and D funding over the same period of time dropped from $708 million to $476 million. State energy programs were also reduced. The GAO report was limited to government and utility funding. Information on manufacturers R and D was not available. The primary reason found for the reduction in governmental funding was the overall effort to reduce budget deficits. Utilities, by contrast, cut R and D costs in anticipation of the shift from a regulated electric power industry to a competitive market.
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