Geothermal Energy Association, March 7, 2005
According to a report recently released by the Energy Information Administration of the U.S. Department of Energy, total generation from green power facilities in the United States will increase by 130 billion kWh between 2003 and 2025.
Specifically, the forecast projects that geothermal generation will increase from 13 billion kWh in 2003 to 33 billion kWh in 2025, citing this increase as “significant.” As a whole, however, renewable technologies are projected to grow slowly “because of the relatively low cost of fossil-fired generation,” with grid-connected generators using renewable fuels projected to remain minor contributors to U.S. electricity supply.
The report finds that from 359 billion kWh in 2003 (9.3% of total generation), renewables increase to 489 billion kWh (8.5%) in 2025, with conventional hydropower remaining the major source. Non-hydro renewables account for 5.3% of projected capacity additions from 2003 to 2025, and 6.4% of the projected increase in generation that will grow from 84 billion kWh in 2003 (2.2% of generation) to 182 billion kWh in 2025 (3.2%).
Additional figures of the Annual Energy Outlook 2005 show that total U.S. energy demand will increase from 98 to 133 quadrillion British thermal units; Imports will supply 68% of U.S. oil, up from 56% in 2003; Natural gas consumption will grow from 22 to 31 trillion cubic feet; Power generation from coal will declines from 51% in 2003 to 50% in 2025; Nuclear generating capacity will increase from 99 GW in 2003 to 103 GW in 2025; and CO2 emissions from energy use will increase at an average annual rate of 1.5% until 2025.
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