EIA: Renewables no longer expected to be #1 by 2050
David Middleton
Guest “Just a bit outside” by David Middleton
In the Energy Information Administration’s (EIA) 2020 International Energy Outlook, renewables (including hydroelectric) were forecast to surpass petroleum and other liquid fuels as the world’s leading source of primary energy. This is commonly referred to as the “energy transition” from fossil fuels to unicorn dust.
Since the consumption of fossil fuels and nuclear power were actually forecasted to continue to grow, there would be no actual transition and Inigo Montoya would say…
Today’s release of the 2021 International Energy Outlook no longer forecasts renewables taking the lead before 2050…
Source: U.S. Energy Information Administration, International Energy Outlook 2021 (IEO2021)
Note: Petroleum and other liquids includes biofuels
OCTOBER 6, 2021
EIA projects accelerating renewable consumption and steady liquid fuels growth to 2050
Today we released our International Energy Outlook 2021 (IEO2021). In the IEO2021 Reference case, which assumes current laws and regulations, we project that strong economic growth and growing populations will drive increases in global energy-related carbon dioxide emissions and energy consumption through 2050. Much of the increase in energy consumption will be met with liquid fuels and renewable energy sources. Natural gas- and coal-fired generation technologies as well as the emerging use of batteries will also prompt increased consumption.
Some key findings of IEO2021 include:
https://wattsupwiththat.com/2021/10/06/eia-renewables-no-longer-expected-to-be-1-by-2050/
