in News Departments > FYI
print the content item

More and more energy executives believe the U.S. can attain energy independence within the next 15 years, eliminating the nation's dependency on foreign energy sources, according to the results of an annual survey by the KPMG Global Energy Institute.

KPMG's survey, which polled more than 100 senior executives in the U.S. representing global energy companies, found that nearly three-quarters (73%) of energy executives believe the U.S. can attain energy independence by 2030 or sooner - up 10 percentage points from KPMG's 2013 survey. Of those 73%, 17% believe the U.S. could fully meet current energy demand with only U.S.-based sources by 2020.

Other than the continued development of conventional and unconventional domestic energy reserves, the KPMG survey found that 37% of executives cite the development of energy transportation infrastructure such as pipelines and transmission lines as the most important action they believe the U.S. should take to attain energy independence. However, 23% also cite greater use of renewable energy sources, and 20% point to greater use of alternative fuels for transportation, including natural gas, electricity and biodiesel.


Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Hybrid Energy Innovations 2015
Renewable NRG_id1934