Posted by: Dr. Breffni Lennon | June 27, 2012

U.S. Energy Information Administration (EIA) releases its Annual Energy Outlook 2012

The United States Energy Information Administration’s (EIA’s) Annual Energy Outlook 2012: with Projections to 2035 has just been released. The focus for this edition is on mapping out future energy scenarios for the country out to 2035. Assuming that U.S. laws and regulations remain unaltered throughout the projections, the authors of this report examine a number of possible energy production, consumption, technology, and market trends over the coming years.

The key conclusions to come from the report include:

  • The rate of growth in energy use will slow over the projection period, reflecting a combination of moderate population growth, a drawn out economic recovery, and increasing energy efficiency in end-use applications.
  • An increase in domestic crude oil production
  • Net imports of petroleum and other liquids account for a smaller share of total U.S. energy consumption
  • Natural gas production increases throughout the period to 2035, allowing the United States to move from a net importer to a net exporter of natural gas
  • Power generation from renewable energy sources and natural gas will continue to increase
  • And rather optimistically, energy-related CO2 emissions will grow by just over 2% from 2010 to 2035

The full report can be downloaded here.

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