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113988 1 (1980-12-11)

handle is hein.gao/gaobadypr0001 and id is 1 raw text is: 
UNITED STATES GENERAL ACCOUNTING OFFICE

         WASHINGTON, D.C.


FOR RELEASE ON DELIVERY
EXPECTED AT 10:00 AM
DECEMBER 11, 1980


            STATEMENT OF
            J. DEXTER PEACH
DIRECTOR, ENERGY AND MINERALS DIVISION
            BEFORE THE
     COMMITTEE ON APPROPRIATIONS
            U.S. SENATE


                                                          I113 98
        SenatorMI;11111 i!                                  9s11111 I
     Senator Sasser.
         We appreciate your invitation to discuss our recent work


     at the Tennessee Valley Authority concerning TVA's latest

     demand forecast and its current analysis of alternatives for

     responding to the latest demand forecast. Specifically, you
     asked that we address the following questions.

         --What is the history of TVA's demand forecasting?

         --What improvements has TVA made in demand
           forecasting?

         --What additional improvements should TVA make?

         --What will be the magnitude of TVA's surplus
           capacity based on its most recent demand
           forecast?

         --How long is the surplus expected to last?

         --What effect has the surplus capacity had to date
           on the costs of TVA operations?

         --What effect will the surplus capacity have on
           future electric rates?

         --What effect will the surplus capacity have on
           the economic benefits of TVA's conservation
           programs?






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