Friday, August 5, 2016

North American electricity from renewable and nuclear will grow 45% in 2025.




North America electricity generation mix


Based on results from EIA's Annual Energy Outlook 2016 (AEO2016) Reference case and International Energy Outlook 2016, EIA projects that the North American share of energy generation from renewable and nuclear energy sources will grow from 38% in 2015 to 45% in 2025. This projection assumes the Clean Power Plan (CPP) is upheld and takes effect in the United States. A recent agreement among Canada, Mexico, and the United States established a goal of 50% of electricity generation from clean energy sources by 2025.

The trilateral agreement goal includes nuclear, renewables, and energy efficiency as eligible sources of clean energy, but it does not specify a baseline for assessing energy efficiency, which has been improving over time. The EIA projections discussed here focus solely on electricity generation from nuclear and renewable sources as a share of total generation. Substantial increases in demand-side energy efficiency are included in EIA's projection for overall electricity demand, but explicit accounting of energy efficiency contributions are not projected. Moreover, these values reflect the Reference case projections; other assumptions for fuel prices, technology costs, and policies could affect the electricity generation mix.

Electricity generation in the United States currently represents more than 80% of total generation in North America. EIA's AEO2016 Reference case assumes that implentation of the CPP will begin in 2022. The extension of certain tax credits, significant cost reductions, and recognition of future CPP requirements result in a large increase in renewable generation between 2015 and 2025. U.S. coal-fired generation is expected to decline by 13% between 2015 and 2025 in the AEO Reference case, while natural gas-fired generation increases by 4%.

No comments:

Post a Comment