Wednesday, May 02, 2007

2007 Outlook on Renewable Energy in America

Just published by the American Council on Renewable Energy (ACORE), this landmark document presents a shared statement by the renewable energy community putting forth a scenario by which renewable energy could provide over 600 gigawatts (GW) of new electricity generating capacity by 2025 – a substantial contribution and potentially more than the nation's need for new capacity.

In addition, the report says that renewable fuels can serve a large portion of U.S. oil consumption needs. Recent studies suggest that biofuels could supply 30% to 40% of U.S. petroleum products by 2030.

This includes:

Wind power 248 GW
Solar energy and power 164 GW
Water power 23 GW
Geothermal energy and power 100 GW
Biomass energy, power, and fuels 100 GW

The report dispels the commonly held notion that renewable energy cannot supply the energy needs of a growing American economy. The report is not a forecast – it is a scenario of what is achievable if the country wants it and is willing to embrace the public policies to make it happen.

In addition, there is outlook reference material from the U.S. Department of Energy, Electric Power Research Institute, Energy Information Administration, National Renewable Energy Laboratory, and Western Governors’ Association.

Download report

1 comment:

Unknown said...

Some more encouraging news.

According to some newly released research, PV solar panel use in homes is due to soar in the next five years:

The Growth of Photovoltaic Solar Energy for Home Use

But you all knew that, didn't you!