The U.S. Energy Information Administration (EIA) will release updated projections of future U.S. energy production and use in its Annual Energy Outlook 2020 (AEO2020) today at 11:00 a.m. ET. The AEO2020 Reference case, which serves as a baseline for exploring the effects of different assumptions about the economy, policy, and technology, projects renewables to be the fastest-growing source of electricity generation through 2050, driven by continued declines in the capital costs for solar and wind technologies. Slow growth in U.S. energy consumption, as a result of continued increases in energy efficiency, and technologically enabled growth in domestic oil and natural gas production lead the United States to remain a net energy exporter through 2050.
