Electricity sales, as projected in a U.S. Energy Information Administration’s many new Annual Energy Outlook (AEO2016) Reference case, boost in any zone by 2040. In 2015, 3.7 trillion kilowatthours (kWh) of electricity were sold, and sum electricity sales are projected to arise 0.7% annually by a projection period. The residential zone now purchases a many electricity, with a 38% share of sum electricity sales in 2015. However, sales in a blurb zone are projected to transcend those in a residential zone in a early 2020s.
The AEO2016 Reference case, that reflects stream laws and regulations, includes a U.S. Environmental Protection Agency’s Clean Power Plan (CPP). The CPP allows state regulators to inspire business to squeeze specified energy-efficient technologies as a partial of state correspondence strategies. The AEO2016 Reference box assumes that consumers will accept subsidies of 10% or 15% between 2020 and 2025 for certain appetite fit appliances, equipment, and building pouch improvements.
The residential zone now is a largest electricity-consuming sector, with 1.4 trillion kWh sole in 2015. Electricity sales in a residential zone are projected to grow by 0.3% per year in a Reference box from 2015 by 2040 as a series of households increases by 0.8% per year. Residential appetite power is approaching to decline, with a normal purchased electricity per domicile descending 11.3% from 2015 to 2040. Federal potency standards for many vital finish uses, including lighting, space cooling and heating, and H2O heating, as good as state and internal building appetite codes, are a categorical reasons for a electricity power decline.
Electricity sales to blurb consumers are projected to boost during an normal annual rate of 0.8% from 2015 to 2040. Commercial zone electricity power (electricity sales per block feet of floorspace) is projected to decrease 0.3% per year as sum blurb zone floorspace increases 1.1% per year. Federal appetite potency standards, as good as technological improvements in lighting, refrigeration, space heating, and space cooling, minister to a decrease in electricity intensity.
Electricity sales to industrial consumers are projected to arise 1.1% per year on average, from 1.0 trillion kWh in 2015 to 1.2 trillion kWh in 2040. With a value of industrial shipments projected to grow 1.9% per year in a Reference case, industrial zone electricity intensity, or electricity sales per dollar of industrial shipments, declines during an normal annual rate of 0.8% from 2015 to 2040. The decrease in projected electricity power formula from a adoption of some-more energy-efficient technologies and constructional changes in a economy toward reduction electricity-intensive industries.
A new prolongation of sovereign taxation credits for residential and blurb solar photovoltaic (PV) systems, total with a approaching delay of disappearing PV prices, spurs increasing adoption of residential and blurb PV in a AEO2016 Reference box projection. Total building PV ability grows during 8.6% annually in a AEO2016 Reference case. Generation from residential PV systems reaches 90 billion kWh, and blurb complement era reaches 36 billion kWh by 2040. Residential and blurb electricity sales would be 5.0% and 1.7% higher, respectively, in 2040 but a electricity generated by rooftop PV systems.