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EMD-82-60 1 (1982-03-26)

handle is hein.gao/gaobabdcz0001 and id is 1 raw text is: ..o.. BY THE U.S, GENERAL ACCOUNTING OFFICE Report To The Chairman, Subcommittee On Energy Conservation And Power Committee On Energy And Commerce House Of Representatives Probable Impacts Of Budget Reductions On The Development And Use Of Photovoltaic Energy Systems Federal expenditures for the development of photovoltaic energy systems have been sub- stantially reduced. Funding for the Federal photovoltaic program for fiscal year 1982 is $74 million, approximately one-half of the previous year's level. At the funding levels existing prior to the fis- cal year 1982 budget reductions, the 1988 photovoltaic energy systems cost and pro- duction goals mandated by the Solar Photo- voltaic Energy Research, Development, and Demonstration Act of 1978 had little likeli- hood of being reached. With these budget reductions, however, achievement of these goals is even more unlikely. Additionally, the budget reductions may also have an adverse impact on U.S. leadership in photo- voltaic energy technology and on the ability of small businesses in the industry to survive. Nevertheless, the outlook for the widespread use of photovoltaic energy in this century ap- pears favorable. The industry is expected to endure despite reduced Federal support, and continue its development of this technology. U 118097 EMD-82-60 MARCH 26,1982 ,'-0 1

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