MassiveIndustry

(Tue, 17 May 2016) This release is an annotated PowerPoint summary and the data for two cases from the Annual Energy Outlook 2016. The cases released today are the Reference case, which includes one possible implementation of the final Clean Power Plan (CPP) rule promulgated by the Environmental Protection Agency, and a No-CPP case, which assumes that the CPP rule is not implemented. Both cases show substantially more growth in electricity generation from wind and solar energy than EIA's previous projections. Wind and solar capacity additions are particularly robust through the early 2020s, reflecting the extensions of tax credits for these technologies enacted in December and lower estimates of their capital costs than in previous projections. In the Reference case, CPP implementation plays a significant role in the deployment of solar power through the end of the projection period and in an expanded role for natural gas-fired generation.