Get the Facts
The Alliance for Energy and Economic Growth keeps policymakers up-to-date with the latest energy information. Following are basic statistics on integral aspects of the energy industry.
- Energy Is Critical For Economic Growth – U.S. prosperity is closely tied to the availability of economic and affordable supplies of energy. In fact, economic growth and energy growth follow similar cyclical trends.
- Energy Supply and Demand – The demand for energy of all forms is likely to increase significantly, according to the Energy Information Administration. By 2030, even with expected dramatic gains in efficiency, total energy consumption is forecasted to increase by 31 percent, petroleum by 30 percent, natural gas by nearly 19 percent, coal by 49 percent, and electricity by 43 percent.
- Energy Infrastructure: Natural Gas Transmission Pipelines – In 2005, the United States consumed 22.0 trillion cubic feet (Tcf) of natural gas. Demand is expected to grow to 26.1 Tcf by 2030—nearly a 19-percent increase. The current network of natural gas transmission pipelines is not adequate to meet this growing demand.
- Nuclear Energy – America’s 103 nuclear power plants in 31 states provide 19 percent of the electricity generated in the United States. With improved productivity and reliability, the average production cost in 2006 was an estimated 1.66 cents/kWh—cheaper than the average overall cost of electricity.
- Clean Coal Technology – Today, coal represents 23 percent of total U.S. energy consumption. Forty-nine percent of the nation’s electricity is generated from coal. Effective technology policies will allow coal to reach its full potential.
- Energy Supply and Infrastructure Constraints – Shortfalls and bottlenecks in energy supplies and infrastructure systems are becoming more evident. The imbalance between energy supply and demand raises the question of how access to energy supplies can be increased and infrastructure systems improved to meet current and future demands.
Sources: U.S. Department of Energy, Energy Information Administration, Annual Energy Outlook 2007, and the Nuclear Energy Institute.