#Us energy consumption drivers
#Us energy consumption upgrade

Driven largely by the transportation sector, NREL believes electricity's share of total final energy consumption will grow to 32% in the medium and 41% in the high scenario by 2050. MANUFACTURING ENERGY CONSUMPTION SURVEY (MECS) A national sample survey that collects information on the U.S. In 2016, electricity's share of final energy consumption in the United States was 19%. While electrification is broader than the transportation sector, NREL said electric vehicles will undergo the 'greatest technology transition' while the buildings and industrial sectors 'generally see less potential for transformational change nationwide.' Earlier this year, the California Energy Commission released an analysis of what infrastructure was necessary to reach the state's EV goals, and concluded EV chargers could add 1 GW of peak demand to the grid.

#Us energy consumption upgrade

While demand management can help flatten some of the demand spikes, utilities will need to upgrade their distribution systems. The impacts of load growth on peak demand are a vital issue for utilities. States in the Northeast or Midwest will see the greatest changes in peak demand. Shifts in peak demand 'could have significant impacts on electric utility planning, grid operations, reliability assessments, and electricity markets,' NREL concluded. The impacts of electrification could be far-reaching and have benefits and costs to various stakeholders.'Īmong the report's other findings, an NREL analysis notes that electrification could ' dramatically shift load shapes,' with electric heat pumps for winter space and water heating needs playing a significant role. Overall, it is apparent that the fossil fuels will continue to be the most popular source of energy as compared to nuclear and renewable energy resources. 'Beyond power system planning, other motivations to study electrification include its potential to impact energy security, emissions, and innovation in electrical end-use technologies and overall efficient system integration. The line graph displays 2008 energy consumption report of USA since 1980 and predictions until 2030.

'Many electric utilities are carefully watching the trend toward electrification, as it has the potential to increase sales and revenues that have stagnated or fallen over the past decade,' the report said. One benefit that NREL's report points to is the possibility of 'expanded value streams enabled by electric and/or grid-connected technologies.'

'Half of that is on the infrastructure side of the utility.' And the industry can also benefit through ratebasing charging stations and managing the new demand. 'When the transportation sector is fully electrified, it will result in around $6 trillion in investment,' Kobler said. And the impact could go beyond just higher kilowattt-hour sales. 'Electric vehicles are the biggest opportunity we see right now,' Energy Impact Partners CEO Hans Kobler told Utility Dive. However, utilities have largely bought into the dream.

#Us energy consumption drivers

Therefore, in addition to continued increases in energy efficiency, reductions in use, and implementation of carbon management technologies, direct effort towards the sustainable development of substantial new growth cycles in all energy production sources (through adequate investment of resources) should be a priority of the US energy industry, policy makers, and the public alike.'Although we extensively and qualitatively discuss the potential drivers and barriers behind electric technology adoption in the report, much more work is needed to quantitatively understand these factors,' Mai said in a statement.

However, without adequate foresight and preemptive action, it is possible that new production growth would not be adequate to reverse the decline given historical growth trends. New growth cycles not evident in the 2015 data will certainly occur, mitigating the decline in energy production before 2040. The logistic fixed condition forecasts indicated the ongoing increases in total US energy production dominated by crude oil and natural gas production will likely peak in 2017 (at 95.0 quadrillion “quad” BTU) then rapidly decrease through 2040 (at 36.2 quad BTU), while total US energy consumption indicated an ongoing plateau (at 98.1 quad BTU). These models and forecasts were used to assess the ability of US energy production sources to meet demand, to anticipate production and technology challenges, and to make general policy recommendations. This research used four-parameter multi-cycle logistic growth curve models on US Energy Information Agency annual data from 1949 to 2015 to produce fixed condition forecasts of US energy production and consumption to 2040.