As I shared yesterday, the US Energy Information Administration (EIA) expects wind power to grow from today’s ~25 GW to just 52 GW by 2030 in its reference scenario plus Production Tax Credit (PTC) extension. I think wind will grow more than twice as fast as the EIA projects. And here’s why… (more…)
Posts Tagged ‘Annual Energy Outlook’
Why Does EIA Underestimate Future Wind Power Growth?
Friday, April 3rd, 2009US Govt Report: BAU Carbon Emissions Growth Much Slower to 2030
Thursday, April 2nd, 2009
The Energy Information Administration (EIA) released their Annual Energy Outlook (AEO2009) this week and their numbers are a lot better than last year when the climate is concerned. It’s exciting to see the progress. But reference scenarios still have emissions growing throughout the period, so we have plenty of work to do. For now, let’s look at the numbers they present… (more…)
Record OPEC cut overshadowed by recession
Wednesday, December 17th, 2008
Even OPEC’s announced cut of 2.2 million barrels per day (Mbd) couldn’t send oil prices higher today. Recessionary demand continued to out-muscle supply cuts as prices remained below $45 per barrel (more than $100 below the July peak). Two new reports confirming US demand woes ruled another day of oil price determination. (more…)