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EIA: Petroleum and natural gas will be the most-used fuels in the US through 2050

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The US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2022 (AEO2022) Reference case forecasts that US energy consumption will grow through 2050, primarily driven by population and economic growth. In the industrial sector, the most growth in demand for petroleum is for hydrocarbon gas liquids (HGL) used as a feedstock.

Gas 459
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EIA projects increases in global energy consumption and emissions through 2050

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In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —Stephen Nalley.

Global 259
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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Summary of the economics of a hydrogen economy.

Hydrogen 221
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EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

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EIA’s Annual Energy Outlook 2019 projects continued robust growth in US energy production, emergence of the United States as an energy exporter, and a cleaner S electric power generation mix. The Annual Energy Outlook 2019 (AEO2019) includes a Reference case and six side cases designed to examine the robustness of key assumptions.

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EIA projects US energy-related CO2 emissions to remain near current level through 2050; increased natural gas consumption

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Source: US Energy Information Administration, Monthly Energy Review, Annual Energy Outlook 2019 Reference case. Petroleum emissions from other sectors have fallen in recent years as equipment and processes that use petroleum fuels have been replaced by those using other fuels, in particular, natural gas.

Gas 220
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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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The US Energy Information Administration released its Annual Energy Outlook 2013 (AEO2013) Reference case (the Early Release ), which highlights a growth in total US energy production that exceeds growth in total US energy consumption through 2040. new appliance standards and CAFE) and changes in the way energy is used in the US economy.

Fuel 225
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EPA Administrator broadly outlines Trump Administration thinking on fuel economy standards and California

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In a speech on Tuesday at the National Automobile Dealers Association meeting in Washington, US Environmental Protection Agency (EPA) Administrator Andrew Wheeler outlined the Trump Administration’s thinking on national fuel economy standards and California. Earlier post.). —Andrew Wheeler. Those costs are passed on to consumers.