EIA: New Energy Act to Yield More Renewable
Energy by 2020
EERE Network News - 3/20/08
The U.S. outlook for the growth in renewable energy use by 2020 has improved
considerably in just three months, thanks to the Energy Independence and
Security Act of 2007, which President Bush signed into law in December.
DOE's Energy Information Administration (EIA) is revising the early release
of its Annual Energy Outlook to reflect the impact of the energy act, and
the latest figures show renewable energy providing 13.7 quadrillion Btu
(quads) of energy by 2030, up 12% from the 12.2 quads that EIA projected
back in December. For comparison, the total U.S. energy use was 99.5 quads
in 2006 and is expected to increase to 118 quads by 2030. That number is 5%
lower than the EIA projected in December (123.8 quads), reflecting the
impact of improved fuel economy standards and new product efficiency
standards.
The new projections show biomass energy use increasing to 8.12 quads by
2030, nearly triple the biomass use in 2006 and a 47% increase over the
December projections, reflecting significant growth in renewable fuels. But
the projections for biomass power production are less optimistic, increasing
by a factor of 7.5 by 2030, compared to a ninefold increase in the December
projections. The difference probably reflects the need to direct biomass
towards fuel production, making less available for power production. Perhaps
in compensation for that, the projections for geothermal power production
are more optimistic in the revised analysis, showing it more than doubling
by 2030, compared to only an 88.4% increase in the December projections. The
other renewable electricity projections remain essentially the same. |