The U.S. Energy Information Administration on January 24 released its Annual Energy Outlook 2019 in Washington, D.C. at the Bipartisan Policy Center. It was all business for the anticipated event that presents yearly modeled projections and analysis of energy topics, now through 2050.
A key takeaway is that the United States will become a net energy exporter in 2020 and remain so through 2050 due to large increases in crude oil, natural gas, and natural gas plant liquids production, coupled with slow growth in U.S. energy consumption. The power sector experiences a notable shift in fuels used to generate electricity, driven in part by historically low natural gas prices. More natural gas-fired electricity generation; larger shares of renewables; and retirements of less economic coal and nuclear plants occur through 2050.