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EIA Releases Long-Term U.S. Energy Demand Forecast

 Last Update: 2022-04-24
 Source: Internet
 Author: User

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Sinochem News recently, the U.
S.
Energy Information Administration (EIA) released a long-term forecast for U.
S.
energy demand
.

According to EIA, by 2050, oil will still account for 41% of U.

Oil will account for 37% of U.
S.
energy demand in 2021, natural gas 32%, and renewables 10%
.

Despite the rise in new electric vehicle sales, the majority of cars on the road are gasoline vehicles, and demand for oil remains strong

In terms of power structure, renewable energy is expected to account for about 44% by 2050 (21% in 2021), gas-fired thermal power generation will account for 34% (37% in 2021), nuclear energy will account for 12% (19% in 2021), Coal-fired thermal power accounts for 10% (23% in 2021)
.

In terms of renewable energy, through policy support, the introduction of solar energy and wind energy will continue to increase, and the cost of power generation will be further reduced due to technological progress

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