This report of the Committee on America’s Energy Future addresses a potential new portfolio of energy-supply and end-use technologies—their states of development, costs, implementation barriers, and impacts—both at present and projected over the next two to three decades. The report’s aim is to inform policy makers about technology options for transforming energy production, distribution, and use to increase sustainability, support long-term economic prosperity, promote energy security, and reduce adverse environmental impacts. Among the wide variety of technologies under development that might become available in the future, this report focuses on those with the best prospects of fully maturing during the three time periods considered: 2008–2020, 2020–2035, and 2035–2050.
Eight key findings emerge.
First, with a sustained national commitment, the United States could obtain substantial energy efficiency improvements, new sources of energy, and reductions in greenhouse gas emissions through the accelerated deployment of existing and emerging energy-supply and end-use technologies. These options are described in more detail below and in Chapter 2. Mobilization of the public and private sectors, supported by sustained long-term policies and investments, will be required for the decades-long effort to develop, demonstrate, and deploy these technologies. Moreover, actions taken between now and 2020 to develop and demonstrate several key technologies will largely determine options for many decades to come. Therefore, it is imperative that the technology development and demonstration activities identified in this report be started soon, even though some will be expen-
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Executive Summary T his report of the Committee on America’s Energy Future addresses a potential new portfolio of energy-supply and end-use technologies—their states of development, costs, implementation barriers, and impacts—both at present and projected over the next two to three decades. The report’s aim is to inform policy makers about technology options for transforming energy produc- tion, distribution, and use to increase sustainability, support long-term economic prosperity, promote energy security, and reduce adverse environmental impacts. Among the wide variety of technologies under development that might become available in the future, this report focuses on those with the best prospects of fully maturing during the three time periods considered: 2008–2020, 2020–2035, and 2035–2050. Eight key findings emerge. First, with a sustained national commitment, the United States could obtain substantial energy efficiency improvements, new sources of energy, and reductions in greenhouse gas emissions through the accelerated deployment of existing and emerging energy-supply and end-use technologies. These options are described in more detail below and in Chapter 2. Mobilization of the public and private sec- tors, supported by sustained long-term policies and investments, will be required for the decades-long effort to develop, demonstrate, and deploy these technolo- gies. Moreover, actions taken between now and 2020 to develop and demonstrate several key technologies will largely determine options for many decades to come. Therefore, it is imperative that the technology development and demonstration activities identified in this report be started soon, even though some will be expen- 1
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2 America’s Energy Future sive and not all will be successful: some may fail, prove uneconomic, or be over- taken by better technologies. Second, the deployment of existing energy efficiency technologies is the near- est-term and lowest-cost option for moderating our nation’s demand for energy, especially over the next decade. The potential energy savings available from the accelerated deployment of existing energy efficiency technologies in the build- ings, transportation, and industrial sectors could more than offset the U.S. Energy Information Administration’s (EIA’s) projected increases in energy consumption through 2030. In fact, the full deployment of cost-effective energy efficiency technologies in buildings alone could eliminate the need to construct any new electricity-generating plants in the United States except to address regional sup- ply imbalances, replace obsolete power generation assets, or substitute more environmentally benign electricity sources—assuming, of course, that these effi- ciency savings are not used to support increased use of electricity in other sectors. Accelerated deployment of these technologies in the buildings, transportation, and industrial sectors could reduce energy use by about 15 percent (15–17 quads, that is, quadrillions of British thermal units) in 2020, relative to the EIA’s “business as usual” reference case projection, and by about 30 percent (32–35 quads) in 2030 (U.S. energy consumption in 2007 was about 100 quads). Even greater energy sav- ings would be possible with more aggressive policies and incentives. Most of these energy efficiency technologies are cost-effective now and are likely to continue to be competitive with any future energy-supply options; moreover, additional energy efficiency technologies continue to emerge. Third, the United States has many promising options for obtaining new supplies of electricity and changing its supply mix during the next two to three decades, especially if carbon capture and storage and evolutionary nuclear plants can be deployed at required scales. However, the deployment of these new supply technologies is very likely to result in higher consumer prices for electricity. Renewable-energy sources could provide about an additional 500 TWh (500 trillion kilowatt-hours) of electricity per year by 2020 and about an additional 1100 TWh per year by 2035 through new deployments in favorable resource locations (total U.S. electricity consumption at pres- ent is about 4000 TWh per year).
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3 Executive Summary Coal-fired plants with carbon capture and storage (CCS) could provide as much as 1200 TWh of electricity per year by 2035 through repower- ing and retrofits of existing plants and as much as 1800 TWh per year by 2035 through new plant construction. In combination, the entire existing coal power fleet could be replaced by CCS coal power by 2035. Nuclear plants could provide an additional 160 TWh of electricity per year by 2020, and up to 850 TWh by 2035, by modifying current plants to increase their power output and by constructing new plants. Natural gas generation of electricity could be expanded to meet a sub- stantial portion of U.S. electricity demand by 2035. However, it is not clear whether adequate supplies of natural gas will be available at com- petitive prices to support substantially increased levels of electricity gen- eration, and such expansion could expose the United States to greater import dependence and result in increased emissions of carbon dioxide (CO2). Fourth, expansion and modernization of the nation’s electrical transmission and distribution systems (i.e., the power grid) are urgently needed. Expansion and modernization would enhance reliability and security, accommodate changes in load growth and electricity demand, and enable the deployment of new energy efficiency and supply technologies, especially intermittent wind and solar energy. Fifth, petroleum will continue to be an indispensable transportation fuel dur- ing the time periods considered in this report. Maintaining current rates of domes- tic petroleum production (about 5.1 million barrels per day in 2007) will be chal- lenging. There are limited options for replacing petroleum or reducing petroleum use before 2020, but there are more substantial longer-term options that could begin to make significant contributions in the 2030–2035 timeframe. Options for obtaining meaningful reductions in petroleum use in the transportation sector include the following: Improving vehicle efficiency. Technologies to improve vehicle efficiency are available for deployment now, and new technologies continue to emerge. Developing technologies for the conversion of biomass and coal- to-liquid fuels. By 2035, cellulosic ethanol and coal-and-biomass-
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4 America’s Energy Future to-liquid fuels with CCS could replace about 15 percent of the fuel currently consumed in the transportation sector (1.7–2.5 million barrels per day of gasoline equivalent) with near-zero life-cycle CO2 emissions. Coal-to-liquid fuels with CCS could replace about 15–20 percent of current fuel consumption in the transportation sec- tor (2–3 million barrels per day; the lower estimate holds if coal is also used to produce coal-and-biomass-to-liquid fuels) and would have life-cycle CO2 emissions similar to those of petroleum-based fuels. However, these levels of production would require the annual harvesting of 500 million dry tonnes (550 million dry tons) of biomass and an increase in coal extraction in the United States by 50 percent over current levels, resulting in a range of potential environmental impacts on land, water, air, and human health—including increased CO2 emissions to the atmosphere from coal-to-liquid fuels unless pro- cess CO2 from liquid-fuel production plants is captured and stored geologically. Commercial demonstrations of the conversion technolo- gies integrated with CCS will have to be pursued aggressively and proven economically viable by 2015 if these technologies are to be commercially deployable before 2020. The development of advanced biomass-conversion technologies will require fundamental advances in bioengineering and biotechnology. Electrifying the light-duty vehicle fleet through expanded deployment of plug-in hybrids, battery electric vehicles, and hydrogen fuel-cell vehicles. Such a transition would require the development of advanced battery and fuel-cell technologies as well as modernization of the electrical grid to manage the increased demand for electricity. Sixth, substantial reductions in greenhouse gas emissions from the electric- ity sector are achievable over the next two to three decades through a portfolio approach involving the widespread deployment of energy efficiency technologies; renewable energy; coal, natural gas, and biomass with carbon capture and stor- age; and nuclear technologies. Achieving substantial greenhouse gas reductions in the transportation sector over the next two to three decades will also require a portfolio approach involving the widespread deployment of energy efficiency tech- nologies, alternative liquid fuels with low life-cycle CO2 emissions, and light-duty vehicle electrification technologies.
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5 Executive Summary To enable this portfolio approach in the electricity sector, the viability of two key technologies must be demonstrated during the next decade to allow for their widespread deployment starting around 2020: Demonstrate whether CCS technologies for sequestering carbon from the use of coal and natural gas to generate electricity are technically and commercially viable for application to both existing and new power plants. This will require the construction before 2020 of a suite (~15–20) of retrofit and new demonstration plants with CCS featuring a variety of feedstocks, generation technologies, carbon capture strate- gies, and geologic storage locations. Demonstrate whether evolutionary nuclear plants are commercially viable in the United States by constructing a suite of about five plants during the next decade. A failure to demonstrate the viability of these technologies during the next decade would greatly restrict options to reduce the electricity sector’s CO2 emis- sions over succeeding decades. The urgency of getting started on these demonstra- tions to clarify future deployment options cannot be overstated. Reducing greenhouse gas emissions from the liquid-fuel-based transporta- tion sector in the 2020–2035 timeframe will also require a portfolio approach that includes cellulosic ethanol and coal-and-biomass-to-liquid fuels. Coal-and- biomass-to-liquid fuels can be produced in quantity starting around 2020 but will not have low carbon emissions unless geologic storage of CO2 is demonstrated to be safe and commercially viable by 2015. Further reductions in greenhouse gas emissions could potentially be achieved in the transportation sector through electrification of the light-duty vehicle fleet, together with the production of elec- tricity and hydrogen in ways that emit little or no CO2, assuming the availability of suitable batteries or fuel cells. Although substantial reductions in emissions via these pathways are not likely until late in the 2020–2035 period and beyond, the widespread deployment of hydrogen fuel-cell vehicles during that time also holds some hope for more substantial long-term emission reductions in the transporta- tion sector. Seventh, to enable accelerated deployments of new energy technologies start- ing around 2020, and to ensure that innovative ideas continue to be explored, the
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6 America’s Energy Future public and private sectors will need to perform extensive research, development, and demonstration over the next decade. Given the spectrum of uncertainties involved in the creation and deployment of new technologies, together with the differing technological needs and circumstances across the nation, a portfolio that supports a broad range of initiatives from basic research through demonstration will likely be more effective than targeted efforts to identify and select technology winners and losers. High-priority technology demonstration opportunities during the next decade include CCS, evolutionary nuclear power technologies, cellulosic ethanol, and advanced light-duty vehicles. Research and development opportuni- ties during the next decade include advanced batteries and fuel cells, advanced large-scale storage for electrical load management, enhanced geothermal power, and advanced solar photovoltaic technologies. Eighth, a number of current barriers are likely to delay or even prevent the accelerated deployment of the energy-supply and end-use technologies described in this report. Policy and regulatory actions, as well as other incen- tives, will be required to overcome these barriers. For technologies to be accepted in the market they must be clearly attractive—in terms of their per- formance, convenience, and cost—to investors, purchasers, and users. Regula- tions and standards that target performance characteristics can do a great deal to spur technological development and help improve market attractiveness. Although the committee has done its best to identify those technologies likely to be available over the next two to three decades, many uncertain- ties remain on the scientific, technological, and policy frontiers and in energy markets. Consequently, the technology options identified in this report should be considered as important first-step technology assessments rather than as forecasts.