Annual Energy Outlook

U.S. EIA Projects Global Energy Consumption Will Outpace Efficiency Gains In Most Cases

In our International Energy Outlook 2023 (IEO2023), we project that global energy-related CO2 emissions will increase by 2050 in a number of IEO2023 cases as global population growth and higher living standards push growth in energy consumption beyond advances in energy efficiency. In all IEO2023 cases, we expect global primary energy consumption … [continued]

Effects of Weather Projections On Energy Consumption in Buildings

Nearly half of the energy consumed in U.S. buildings in 2021 was used for heating and cooling, according to modeled estimates in our Annual Energy Outlook 2022 (AEO2022) Reference case. An Issues in Focus analysis on alternative weather assumptions highlights how different long-term weather projections affect space heating and space cooling demand in the U.S. … [continued]

Utilities’ Carbon-Reduction Goals Will Have Little Impact On U.S. CO2 Emissions

Executing several plans announced by U.S. power utilities to reduce carbon dioxide (CO2) emissions would have a minor effect on U.S. energy-related CO2 reductions, according to the analysis we published earlier this week. As part of the Annual Energy Outlook 2021 (AEO2021), we created a Corporate Goal case that incorporates assumptions based … [continued]

EIA’s AEO2021 Shows Growing Use of Batteries on the U.S. Electricity Grid

In the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2021 (AEO2021), EIA projects a significant number of battery energy storage systems will be added to the U.S. power grid. In the AEO2021 Reference case, which reflects current laws and regulations, 59 gigawatts (GW) of battery storage will serve the power grid … [continued]

US EIA Annual Energy Outlook Wildly Misses The Mark, Again

The US Energy Information Administration (EIA) has often come under fire for its outlooks, both short- and long-term, as it has repeatedly under-represented the growing role of renewable energy technologies in the future energy mix, and with its recently-published Annual Energy Outlook 2019 the EIA has once again missed the mark, despite finally recognizing the growing role of large-scale solar.