EIA Releases ‘Annual Energy Outlook 2009′

January 21, 2009

Email this story Print this post Add your comments

The Energy Information Administration released their Annual Energy Outlook 2009, presenting a number of U.S. energy consumptions and production projections for the next few decades.

Some of their key predictions:

No growth in U.S. oil consumption. This is the first time in over 20 years that the EIA did not project a growth, which is a testament to recent renewable fuel interest, rising oil prices, and new energy efficiency standards.
The natural gas industry will expand but will rely less on foreign imports less. The EIA projects that the total net share of imported natural gas will drop from 16 percent in 2007 to less than 3 percent in 2030.
Energy-related CO2 emissions and energy usage will continue to grow, but at a much slower rate, due in part to higher energy prices and new efficiency policies.
Oil prices will continue to rise, costing $130 per barrel by 2030 ($189 per barrel, adjusted for inflation).
The renewable fuel industry will grow, with U.S. consumption rapidly rising by 3.3 percent every year.
Hybrid vehicle sales will jump from 2 percent in 2007 to 38 percent in 2030. By that time plug-in hybrids will also account for 2 percent of all new car sales.

The full report will be available for download later this month, but more about their projections can be found on the EIA website.

The group also released an International Energy Outlook report containing predictions about wind power, world oil prices, etc.

Email this story Print this post Add your comments

Advertisers

Stay competitive through sustainability.

Find out how at the SAP Sustainability Resource Center. >>

Unclear about the EPA's new GHG Rule?

Learn how it could affect your business. >>

EPA mandatory emissions reporting starts Jan 1st

CSA Standards can help your organization get ready for compliance. Find out how. >>

Product Environmental Compliance Best Practices

How to achieve compliance at a significantly lower cost. Download the full report. >>

Join the Discussion

Recent Daily News [ see all ]

11/20/2009
11/19/2009
11/18/2009

Charts [ see all ]

European Paper Industry Cuts CO2 Emissions by 42% since 1990

S. America Takes Most Urgent View of Copenhagen Talks

Nike Tops Annual Climate Action Scores

Oceans May Trap more Carbon than Forests

Jobs

View All Jobs >> Post a Job >>

Comments and Discussions

Trade Association on Trade Group on EPA Chemical Regs: ‘If Everything is a Priority, Then Nothing is a Priority’
"Seriously… that..."

Gary Markowitz on Supermarkets Tackle Emissions Reductions, Fuel Efficiency
"Supermarkets waste over 10 percent of their energy through improper..."

peter in ireland on Ontario May Follow California’s Lead on TV Energy Efficiency
"Governor Schwarzenegger is shooting himself in the foot! 1...."

Environmental Leader on S. America Takes Most Urgent View of Copenhagen Talks
"The survey respondents (the PDF report mentions 4,000 respondents in 38..."

Jake on UPS Trying New Hydraulic Hybrid Trucks
"A point of clarification: the Reuters press release referenced herein reports that 20 UPS will purchase..."

Custom Organic Shirts on S. America Takes Most Urgent View of Copenhagen Talks
"90% of North Americans believe it is urgent to get a global climate..."

peter dublin on California City’s Green Building Ordinance Applies to Commercial Buildings
"Why energy efficiebnt regulation on buildings –..."