The Energy Information Administration (EIA) expects the United States will remain a net exporter of petroleum and natural gas at least through the middle of this century.
Its 2023 Annual Energy Outlook, released on March 15, credits that trend to “growing international demand.”
Yet, the EIA also projects that zero-carbon nuclear power, natural gas, and coal will provide less of the nation’s power.
In particular, it predicts the amount of generating capacity from coal-fired power plants will continue to tumble down before leveling out in later decades.
The EIA projects that renewables, particularly solar, will meet a larger and larger share of power demand in the coming decades, thanks in part to battery technology and government subsidies….