According to the EIA, the consumption of transportation ethanol used in E85 will increase by about 23% per year over that period. Solar energy will grow annually by 14% and wind electric by 5.4%, with the total share of green and renewable power generation increasing from 9% in 2008 to 17% in 2035.
"Our projections show that existing policies that stress energy efficiency and alternative fuels, together with higher energy prices, curb energy consumption growth and shift the energy mix toward renewable fuels," said EIA Administrator Richard Newell. "However, assuming no new policies, fossil fuels would still provide about 78 percent of all the energy used in 2035."
Other highlights...
- U.S. crude oil production increases from 5 million barrels per day in 2008 to over 6 million barrels per day in 2027 and remains at just over 6 million barrels per day through 2035. Growth in crude oil production results from increases in offshore production and in onshore production using enhanced oil recovery techniques.
- Total electricity consumption, including both purchases from electric power producers and on-site generation, grows by 1 percent per year over the projection period, from 3,873 billion kilowatthours in 2008 to 5,021 billion kilowatthours in 2035.
- Natural gas and renewable power plants account for the majority of electricity generating capacity additions. The natural gas share falls slightly due to the completion of coal plants under construction, and the addition of new renewable capacity. However, by 2035 the share of generation from natural gas again increases to 21 percent.
- The use of emerging "personal" renewable energy products shows one of the largest percentage gains, with residential wind growing at 19.2% per year over the period, solar PV at 19%, geothermal heat pumps at 9.5% and solar water heating at 2.1%.
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