U.S. Energy Challenges for 2020

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Report Excerpt

Energy Market Overview

The U.S. goal of energy independence, the concern for unmet energy demand, and a growing awareness for the environmental impact of high consumption, are the leading drivers behind strengthening interests in net-zero buildings and renewable energy generation.

A growing population and improved economic conditions in the United States will raise energy consumption during the next decade by a forecasted x.x percent from 2010 consumption levels.

Electricity demand is expected to increase by xx percent, compared to an insufficient x percent growth of generation capacity by 2020.

U.S. government objectives of net-zero buildings and the renewable energy generation have influenced national policy to include strict mandates to meet reduced energy consumption targets and increased renewable energy goals at the federal and state levels.

Areas for technology development to reduce carbon dioxide emissions include coal upgrading, improved efficiency in existing power plants, integration gasification combined cycle (IGCC), and carbon capture and storage (CCS).