PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Continual Rises in U.S. Energy Consumption Beg for Improved Efficiency and Sustainable Forms of Generation Finds Frost & Sullivan - Analysis of U.S. energy challenges to 2020 - Energy.Frost.com
Continual Rises in U.S. Energy Consumption Beg for Improved Efficiency and Sustainable Forms of Generation Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Mountain View, CA, United States, 2012/06/27 - Analysis of U.S. energy challenges to 2020 - Energy.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The United States is challenged by exorbitant energy demands, accounting for 26 percent of the world’s energy consumption, and corresponding greenhouse gas emissions. Currently, the nation imports nearly 30 percent of the energy it consumes, and minimal reduction in imports is anticipated to 2020. While trying to address the issue of energy dependence on foreign supply in light of forecasted unremitting growth in energy consumption, the United States has embarked on its most aggressive movement toward a sustainable future. Renewable energy, greater efficiency in consumption, and more intelligent transmission and distribution methods will be the main focuses for overcoming the energy challenges that lay ahead.

New analysis from Frost & Sullivan's (energy.frost.com) U.S. Energy Challenges for 2020 research finds that United States energy consumption will increase by 7.3 percent during a 10-year period over 2010 levels. To meet this mounting need, the market has witnessed strong growth in renewable technologies, which has been supported by the focus on domestic energy production and sustainability. Solar photovoltaic (PV) and wind power are the fastest growing renewable technologies and will represent more than 40 percent of electricity generation in 2020.

If you are interested in more information on this research, please send an email to Britni Myers, Corporate Communications, at britni.myers[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

According to the Department of Energy, 223 gigawatts (GW) of new generating capacity will be needed between 2010 and 2035. Local transmission infrastructure capability, currently in the process of being upgraded to withstand increasing loads and new forms of generation, is an important requirement to deploy large renewable energy projects that also meet the necessary GW capacity. Additionally, the transmission line shortage is threatening to slow the growth of wind energy and large utility-scale solar projects, and could prevent some states from meeting renewable energy mandates. High capital costs further challenge renewable technologies growth, highlighting the industry's need for government financial incentives.

"Increased energy consumption over the forecast period of 2010 to 2020 is driven by increases in population and economic growth,” said Frost & Sullivan Senior Industry Analyst Georgina Benedetti. "The population in the United States is projected to increase by 7.5 percent from 2011 levels, reaching 324 million by 2020.”

Section 1603 of the American Recovery and Reinvestment Act of 2009 was one of the main drivers for solar installations during 2010 and 2011, but the market has taken a recent hit with the failure of Congress to extend Section 1603 of the Treasury Program. Similarly, while expiration of the Loan Guarantee, production tax credit, and investment tax credit programs are imminent; these items fueled a 33 percent increase in wind energy in 2011 from prior year's levels. The market is vulnerable to a severe halt in production if these incentives are not extended.

To combat U.S. energy challenges, the industry has focused on the acceleration of renewable energy deployment and use of energy efficiency to displace imports and improve the balance between supply and demand. Supporting this movement is the technology trend of innovating to zero, where companies are focusing their R&D on more zero-emission technologies, such as wind power, geothermal energy, solar PV, and biomass.

"U.S. gross domestic production per capita is projected to increase 17.1 percent by 2020,” said Benedetti. "With the anticipated recovery of the American economy, an improvement in the standard of living is expected, which is linked to increased uses of electronics and domestic appliances that further increase the country's energy consumption.”

U.S. Energy Challenges for 2020 is part of the Energy & Power Systems Growth Partnership Services program, which also includes research in the following markets: Analysis of the Underground Transmission and Distribution Cables Market, Analysis of the Global Uninterruptible Power Supplies Market, and Analysis of the North American Advanced Meter Infrastructure Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

U.S. Energy Challenges for 2020 / NA86-14

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Continual Rises in U.S. Energy Consumption Beg for Improved Efficiency and Sustainable Forms of Generation Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Britni Myers 
210-477-8481 britni.myers[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Newswires:

Boost in Genset Manufacturing Activity to Resolve Power Challenges in the Southern African Region Finds Frost & Sullivan
ENGIE to Become Worldwide Leader of Independent District Cooling by Acquiring A 40% Stake in Tabreed from Mubadala
Asia-Pacific Renewable Energy Inverters Market Leverages Favourable Targets and Feed-in Tariffs to Catalyze Growth, finds Frost & Sullivan
GE Introduces Rugged, Resilient Power Supply for Industrial Applications
Energy Technology Developers Focus on Sustainability and Efficiency to Stay Relevant in a Changing Market Finds Frost & Sullivan
Baker Hughes and GE Announce Executive Leadership Team for Baker Hughes, a GE Company
Enel Green Power Acquires Two Wind Farms in Campania from Amec Foster Wheeler
Enel and Rosseti Sign MoU for Cooperation in Innovative Smart Grid Solutions
World’s Largest Floating Photovoltaic Power Plant Test-bed Features ABB Technology
Enel Group Confirmed in Euronext Vigeo Eiris Sustainability Indices for Fifth Straight Year
Invenergy Selects GE Renewable Energy to Provide Cyber Security for Entire Fleet
GNF3 Fuel Product Completes U.S. NRC Approved Process for New Fuel Product Introductions
Surging Demand from Data Centres Energises European Diesel Genset Market Finds Frost & Sullivan
Mexican Ministry of Energy Awards Three Geothermal Exploration Permits - A Key Step Forward for ENGIE and Reykjavik Geothermal
Forestalia Selects GE Renewable Energy to Provide 1,200 MW of Wind Power in the Largest European Auction to Date

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)