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GRI FILES 1994 R&D FUNDING PLAN

 WASHINGTON, June 10 /PRNewswire/ -- Gas Research Institute (GRI) today filed its application for advance approval of its 1994 Research and Development (R&D) Program and 1994-1998 Five-Year R&D Plan with the Federal Energy Regulatory Commission (FERC). GRI requests approval of an obligations budget of $201.8 million for 1994, the same level approved for 1993.
 GRI emphasized that the budget proposal is consistent with the Stipulation and Agreement concerning Post-1993 GRI Funding (S&A) approved without modification by the commission on March 22, 1993. The 1994 funding approach relies upon two levels of demand surcharge (one for high-load-factor customers, another for low-load-factor customers), a flat 2-cent small customer surcharge and individual pipeline funding targets to mitigate the impact of the new funding mechanism on various core customer segments.
 GRI's 1994 R&D program proposes funding for 187 projects in three primary R&D areas -- end use, gas operations and natural gas supply -- and basic sciences research, which includes fundamental research activities within the primary R&D areas. Ninety-six percent of the contract R&D funding proposed for 1994 would support previously approved ongoing activity.
 Stephen D. Ban, GRI president and chief executive officer, said: "The GRI 1994 program continues to emphasize R&D applicable to core residential and commercial customers. Supply, operations and environmental R&D applicable to all end users totals $91 million. In addition, R&D directed at lower life-cycle cost, improved efficiency and lower emissions for existing residential and commercial uses increases by 10 percent to $18 million."
 Ban also noted that 48 new products, processes, techniques and key research information items entered the marketplace during the past year as a result of GRI efforts. Today, 158 products and processes and 84 research information items have been successfully completed and introduced in commercial applications. GRI has analyzed the benefits to users of the 123 successes from which quantifiable benefits can be clearly identified. The benefit-to-cost ratio for the gas consumer from these successes is 4.1 to 1.
 Budget Highlights:
 -- An increased emphasis on enhanced technology transfer and deployment within the end-use program, including important new efforts on gas cooling, natural gas vehicles, industrial applications and power generation.
 -- Program balance of 49 percent end use, 32 percent supply and 19 percent gas operations.
 -- Documented 1992 co-funding of $84.1 million from other organizations participating in the GRI program. This is 17 percent higher than the planned co-funding for 1992 and significantly above the $50.2 million in 1991 co-funding.
 -0- 6/10/93
 /CONTACT: Thomas Leuchtenburg of the Gas Research Institute, 202-662-8980/


CO: Gas Research Institute ST: District of Columbia IN: OIL SU:

DC-TW -- DC023 -- 0712 06/10/93 14:36 EST
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Date:Jun 10, 1993
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