Key Drivers Affecting the Outlook for Renewables For US Power & Renewable Finance Conference February 14, 2013 New York, NY By Howard Gruenspecht Deputy Administrator U.S. Energy Information Administration Independent…
In 2012, U.S. electricity generation was 69% fossil fuels, 19% nuclear, and 12% renewables January November 2012 January November 2012 net generation: non-hydro renewable net generation: 3,720 billion kWh 126 billion kWh Other…
Renewable energy is projected to grow far more robustly than other types of energy Average annual growth rates percent per year 5 (2010-2040) (2008-2035) 4 Non-hydro 3 renewable energy All renewable energy 2 All other energy…
Spot natural gas prices vary significantly across global markets since 2008, with many markets far below oil-related benchmarks Global spot natural gas, crude oil, and LNG prices U.S. dollars per million British thermal unit 35 30…
The average delivered price of coal to electricity generators varies widely across U.S. regions transport costs are a key reason 2011 Delivered coal prices, per million Btu 3.76 2.39 3.16 2.39 N/A 1.74 1.67 N/A 2.77…
Growth in electricity use slows, but still increases by 28% from 2012 to 2040 Period Annual Growth U.S. electricity use 1950s 9.8 percent growth (3-year rolling average) 1960s 7.3 History 2011 1970s 4.7 1980s 2.9 14 1990s 2.4 12…
The fuel mix for electricity generation varies widely across U.S. regions (2011) Share of Generation by Fuel, 2011 National Average Minimum Maximum Coal 42% 0% 80% Natural Gas 25% 2% 87% Nuclear 19% 0% 41% Renewables 13% 1% 65%…
The U.S. electricity mix in EIAs reference case gradually shifts to lower-carbon options, led by growth in gas and renewable generation U.S. electricity net generation trillion kilowatthours 1993 History 2011 Projections 6 5 30%…
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…
U.S. energy use grows slowly over projection reflecting improving energy efficiency and a slow and extended economic recovery U.S. primary energy consumption quadrillion Btu Shares of total U.S. energy History 2000 2011 Projections…
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