The EIA Annual Energy Outlook 2018 has been published. The hard heads at the US Dept of Energy crunched the numbers, assumed technology will improve, and modeled the outcomes. According to their best estimates (and even their “highest” estimates) thirty years from now, the main energy source for the US is natural gas and fossil fuels. Renewables grows from 5% to 14%, but coal, nukes, hydro stays about the same.
On the road, most people are still using gasoline cars, and here’s the kicker — electricity prices are still at about 11 cents per kilowatt hour. Weep all ye Australians, Brits, Germans and other who would be grateful if electricity only rose 10% a year, not 10% over 30 years.
How much does an interconnector cost from Townsville to Texas?
h/t Paul Homewood who has quoted Mark Perry from AEI:
Despite all of the hype, hope, cheerleading, fuel standards, portfolio standards, and taxpayer subsidies for renewable energies like wind and solar, America’s energy future will still rely primarily on fossil fuels to power our vehicles, heat and light our homes, and fuel the US economy.
EIA, 2018, Graph, Total energy use projections.
Electricity prices are dirt […]
via JoNova
February 12, 2018 at 12:35AM
Iowa Climate Science Education 