US power sector is halfway to zero carbon emissions

https://www.eurekalert.org/pub_releases/2021-04/dbnl-ups041321.php

 

News Release 13-Apr-2021
DOE/Lawrence Berkeley National Laboratory

 

Concerns about climate change are driving a growing number of states, utilities, and corporations to set the goal of zeroing out power-sector carbon emissions. To date 17 states plus Washington, D.C. and Puerto Rico have adopted laws or executive orders to achieve 100% carbon-free electricity in the next couple of decades. Additionally, 46 U.S. utilities have pledged to go carbon free no later than 2050. Altogether, these goals cover about half of the U.S. population and economy.

These are ambitious targets, but a new look at the past 15 years in the electricity sector shows that large reductions in emissions are possible.


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"Business-as-usual projections saw annual carbon dioxide emissions rising from 2,400 to 3,000 million metric tons (MMT) from 2005 to 2020," said Berkeley Lab scientist Ryan Wiser, lead author of the study. "But actual 2020 emissions fell to only 1,450 MMT. The U.S. cut power sector emissions by 52% below projected levels - we are now 'halfway to zero.'"

According to the study, relative to projected values, total consumer electricity costs were 18% lower; costs to human health and the climate were 92% and 52% lower, respectively; and the number of jobs in electricity generation was 29% higher.

Drivers of change

From technological advances to policy, the study identified the main drivers from the last 15 years that contributed to lower carbon emissions in the U.S. power sector. Total demand for electricity was almost exactly the same in 2020 as it was in 2005, and was 24% lower than projected fifteen years earlier. "This drop in demand was due in part to sectoral and economic changes, but also to greater energy efficiency driven by policies and technology advancement," said Wiser.

The researchers found that wind and solar power dramatically outperformed expectations, delivering 13 times more generation in 2020 than projected. This is also a result of technology development and state and federal policies, as prices plummeted for new wind and solar technologies. In addition, nuclear generation has largely held steady, tracking the past projections and helping to ensure no backsliding in carbon emission.

The study found that switching from coal to natural gas for power generation played a big role in lowering carbon emissions. Natural gas generation grew rapidly, driven by the shale gas revolution and low fuel prices.

The researchers also found that changes over the last 15 years had numerous other economic and environmental benefits. For example, total electric bills for consumers were 18% lower in 2020 than previously projected by EIA, for a total savings of $86 billion per year.

According to the study, reduced sulfur and nitrogen emissions led to lower health impacts, such as respiratory disease, with premature deaths falling from 38,000 to 3,100 per year. "Compared to the business-as-usual projection, not only did the nation significantly reduce its carbon footprint, but it did so while also reducing total energy bills and health burdens," said co-author and Berkeley Lab scientist Dev Millstein.

The study also found that while employment patterns shifted along with changes in the power sector, electricity supply is supporting 200,000 more jobs than might have been the case under the earlier projection.

Looking forward

While a look back shows that dramatic changes in emissions are possible over a 15-year span, the study points out that this does not guarantee the next 15 years will see similar progress.

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