Progress in Technology Needed for 25% Renewable Energy To Be Affordable
June 27, 2008
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California, United States [RenewableEnergyWorld.com] Dramatic progress in renewable energy technology is needed if the United States wants to produce 25 percent of its electricity and motor vehicle fuel from renewable sources by 2025 without significantly increasing consumer costs, according to a study recently released by the RAND Corporation. Produced by the RAND Environment, Energy and Economic Development program, the study provides a look at the nation's potential energy expenditures if a requirement was imposed that 25 percent of electricity and motor vehicle fuels used in the United States by 2025 (25 x '25) would have to come from renewable resources. The study finds that biomass resources and wind power have the greatest potential to contribute toward reaching the 25 x '25 goal. Currently, renewable energy provides 9.5 percent of total U.S. electricity supply, most of this comes from hydroelectric power, and 1.6 percent of motor vehicle fuel.
"In particular, passing the cost of more-expensive renewable fuels to gas pump prices will result in improved energy efficiency, though it will cost consumers more," Toman said. "Subsidizing more-expensive fuels will save people money at the pump, but only because the expense is shifted to the federal budget." For more information about the report from the RAND Corporation, click here.
Bioenergy,
Geothermal Energy,
Green Power,
Hydropower,
Hydrogen - Fuel Cells,
Ocean Energy,
Other,
Solar Energy,
Wind Power,
Energy Efficiency
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