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Overview and Summary of America's Energy Future: Technology and Transformation (2010)

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. "Front Matter." Overview and Summary of America's Energy Future: Technology and Transformation. Washington, DC: The National Academies Press, 2010.

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Overview and Summary of America’s Energy Future: Technology and Transformation

Overview and Summary of America’s Energy Future

TECHNOLOGY AND TRANSFORMATION

NATIONAL ACADEMY OF SCIENCES

NATIONAL ACADEMY OF ENGINEERING

NATIONAL RESEARCH COUNCIL
OF THE NATIONAL ACADEMIES

THE NATIONAL ACADEMIES PRESS

Washington, D.C.
www.nap.edu

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I

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Overview and Summary of America’s Energy Future: Technology and Transformation Overview and Summary of America’s Energy Future TECHNOLOGY AND TRANSFORMATION NATIONAL ACADEMY OF SCIENCES NATIONAL ACADEMY OF ENGINEERING NATIONAL RESEARCH COUNCIL OF THE NATIONAL ACADEMIES THE NATIONAL ACADEMIES PRESS Washington, D.C. www.nap.edu

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Overview and Summary of America’s Energy Future: Technology and Transformation THE NATIONAL ACADEMIES PRESS 500 Fifth Street, N.W. Washington, DC 20001 NOTICE: The project that is the subject of this booklet was approved by the Governing Board of the National Research Council, whose members are drawn from the councils of the National Academy of Sciences, the National Academy of Engineering, and the Institute of Medicine. The information in this booklet summarizes the findings and recommendations presented in the National Academies’ America’s Energy Future (AEF) series of reports listed on the back cover of the booklet. Support for the AEF project was provided by the Department of Energy under Grant Number DEFG02-07-ER-15923 and by BP America, Dow Chemical Company Foundation, Fred Kavli and the Kavli Foundation, GE Energy, General Motors Corporation, Intel Corporation, and the W.M. Keck Foundation. Support was also provided by the Presidents’ Circle Communications Initiative of the National Academies and by the National Academy of Sciences through the following endowed funds created to perpetually support the work of the National Research Council: Thomas Lincoln Casey Fund, Arthur L. Day Fund, W.K. Kellogg Foundation Fund, George and Cynthia Mitchell Endowment for Sustainability Science, and Frank Press Fund for Dissemination and Outreach. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the views of the organizations that provided support for the project. Copies of this booklet are available from the Board on Energy and Environmental Systems, 500 Fifth Street, N.W., Washington, DC 20001; (202) 334-3344. Copyright 2010 by the National Academy of Sciences. All rights reserved. Printed on recycled stock Printed in the United States of America

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Overview and Summary of America’s Energy Future: Technology and Transformation THE NATIONAL ACADEMIES Advisers to the Nation on Science, Engineering, and Medicine The National Academy of Sciences is a private, nonprofit, self-perpetuating society of distinguished scholars engaged in scientific and engineering research, dedicated to the furtherance of science and technology and to their use for the general welfare. Upon the authority of the charter granted to it by the Congress in 1863, the Academy has a mandate that requires it to advise the federal government on scientific and technical matters. Dr. Ralph J. Cicerone is president of the National Academy of Sciences. The National Academy of Engineering was established in 1964, under the charter of the National Academy of Sciences, as a parallel organization of outstanding engineers. It is autonomous in its administration and in the selection of its members, sharing with the National Academy of Sciences the responsibility for advising the federal government. The National Academy of Engineering also sponsors engineering programs aimed at meeting national needs, encourages education and research, and recognizes the superior achievements of engineers. Dr. Charles M. Vest is president of the National Academy of Engineering. The Institute of Medicine was established in 1970 by the National Academy of Sciences to secure the services of eminent members of appropriate professions in the examination of policy matters pertaining to the health of the public. The Institute acts under the responsibility given to the National Academy of Sciences by its congressional charter to be an adviser to the federal government and, upon its own initiative, to identify issues of medical care, research, and education. Dr. Harvey V. Fineberg is president of the Institute of Medicine. The National Research Council was organized by the National Academy of Sciences in 1916 to associate the broad community of science and technology with the Academy’s purposes of furthering knowledge and advising the federal government. Functioning in accordance with general policies determined by the Academy, the Council has become the principal operating agency of both the National Academy of Sciences and the National Academy of Engineering in providing services to the government, the public, and the scientific and engineering communities. The Council is administered jointly by both Academies and the Institute of Medicine. Dr. Ralph J. Cicerone and Dr. Charles M. Vest are chair and vice chair, respectively, of the National Research Council. www.national-academies.org

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Overview and Summary of America’s Energy Future: Technology and Transformation Contents     Overview and Summary of America’s Energy Future: Technology and Transformation   1      Summary of Key Findings,   4      Energy Use in America,   6      Energy Efficiency Potential,   11      Energy Supply Options,   17      Future Electricity Generation Costs and the Development of Transmission and Distribution Infrastructure,   36      Alternative Liquid Transportation Fuels,   41      Conclusion,   47     America’s Energy Future Project   49

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