Building back greener [NGW Magazine]
Feb 25, 2021 11:40:am
Summary The US will take a long time to return to pre-pandemic demand, but supplies will be cleaner when they come, according to the EIA’s Reference case. [NGW Magazine Volume 6, Issue 4]
by: Charles Ellinas
The US Energy Information Administration (EIA) published its Annual Energy Outlook 2021 (AEO 2021) February 3 exploring long-term energy trends in the US.
Its clear message is that the US will take some time to return to pre-Covid-19 levels of energy demand. The good news is that carbon emission growth will be contained.
AEO 2021 considers a Reference, baseline, case representing EIA’s best assessment of how US and world energy markets will operate through 2050. It is based on current economic and demographic forecasts and assumes improvement in known energy production, delivery, and consumption technologies. It also assumes that existing laws and regulations that affect energy will