Fuel Use in Electricity Generation The changing landscape for Bipartisan Policy Center: Understanding the New Energy Landscape June 27, 2012 Washington, DC J. Alan Beamon, Director, Office Electricity, Coal, Nuclear and…
Cost of coal and natural gas delivered to electric power plants in the Mid-Atlantic and Southeast, Jan 2007- April 2012 dollars per mmBtu 16 14 Mid-Atlantic Coal 12 Mid-Atlantic Natural Gas Southeast Coal 10 Southeast Natural Gas…
Average estimated cost of power generation in the Mid-Atlantic and Southeast, Jan 2007- April 2012 dollars per megawatthour 120 100 Mid-Atlantic Coal Mid-Atlantic Natural Gas CC 80 Southeast Coal Southeast Natural Gas CC 60…
Electricity generation by fuel, Jan 2007- April 2012 Net generation million megawatthours 200 coal natural gas nuclear hydro other renewables other 180 160 140 120 100 80 60 40 20 0 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12…
Annual growth in electricity consumption continues to slow percent growth (3-year rolling average) Period Annual Growth History 2010 1950s 9.8 14 1960s 7.3 1970s 4.7 12 1980s 2.9 1990s 2.4 10 2000-2010 1.0 2010-2035 0.8 8…
Reference case electricity mix gradually shifts to lower-carbon options, led by growth in renewables and natural gas electricity net generation trillion kilowatthours per year History 2010 Projections 6 5 28% 4 Natural gas 24%…
Why might could will we be wrong Different relative fuel prices Faster / slower electricity demand growth Changing policies and regulations Changing consumer preferences Faster / slower technological progress Technological…
Key sensitivities Natural Gas Price Sensitivities Coal Price Sensitivities (Henry Hub Natural Gas Prices in 2010 dollars per mmBtu) (Coal Prices to Power Plants in 2010 dollars per mmBtu) 2025 2035 2025 2035 Lowest 3.45 4.25 Lowest…
Key sensitivities Natural Gas Price Sensitivities Coal Price Sensitivities Electricity Use Highest Reference 2035 2025 Lowest 0 5 10 0 2 4 6 0 2500 5000 7500 Henry Hub Natural Gas Prices Coal Prices to Power Plants Billion…
2035 power sector CO2 emissions million metric tons Higher / Lower Electricity Higher / Lower Higher / Lower Shorter Investment 2,600 Demand Coal Prices Natural Gas Prices Horizons 2,500 2,400 2,300 2,200 2,100 2,000 1,900 1,800…
For more information U.S. Energy Information Administration home page www.eia.gov Annual Energy Outlook www.eia.gov/forecasts/aeo Short-Term Energy Outlook www.eia.gov/forecasts/steo International Energy Outlook…