POV: Power Breakfast

Power Breakfast for June 15, 2016

Electricity sales across all sectors projected to increase; DOE announces $82 million for nuclear energy research


POV: Power Breakfast

A nearly daily update of energy-related news:

  • According to the EIA’s 2016 Annual Energy Outlook, electricity sales across all sectors are expected to increase through 2040. In 2015, a total of 3.7 kWh of electricity was sold with this number expected to grow by 0.7 percent annually. Electricity sales to the residential sector is expected to rise by 0.3 percent per year, sales to commercial customers are projected to increase by 0.8 percent annually and the industrial sector is projected to grow by 1.1 percent per year.
  • Ernest Moniz, U.S. energy secretary, announced $82 million for nuclear energy research as part of the government’s plan to reduce carbon emissions. These funds will be directed to 93 research projects across 28 states. Moniz states “Nuclear energy remains very important. It remains by far the biggest source of carbon-free electricity.”
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