Documents/DOE/1: Energy Security/1.1: Energy Diversity

1.1: Energy Diversity

Increase our energy options and reduce dependence on oil, thereby reducing vulnerability to disruption and increasing the flexibility of the market to meet U.S. needs.

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Energy diversity is essential for America's energy security and economic prosperity. In 2004, America imported 65 percent of the crude oil it used domestically. By 2030, the Energy Information Administration forecasts that crude oil imports will rise to 75 percent of our total crude oil supply and natural gas imports will rise from 17 percent today to 21 percent of our total natural gas supply. America's energy security and economic well-being are challenged when the United States is dependent upon other countries for the fuels that account for over 60 percent of the Nation's current energy use. This is especially true in the case of the transportation sector, which is the least energy-diverse sector of the American economy with petroleum accounting for more than 95 percent of the fuel consumed. Taking steps to reduce the transportation sector’s dependence on oil is a critical component of the Department’s strategic goals. The Department is investing in both alternative fuels and energy efficiency technologies to reduce the energy-intensity and increase the fuel-flexibility of America’s economy while maintaining environmental stewardship. In the near-to-mid term, advances in biofuels, fuel blends, plug-in hybrids, and more efficient vehicle technologies could increase the energy diversity and efficiency of America’s transportation sector. In the long term, innovation in hydrogen production, storage, and use may enable consumers to drive vehicles powered by hydrogen produced from multiple domestically available energy sources and help pave the way for a full-scale hydrogen energy economy. The Department is also pursuing energy diversity by supporting the development of a suite of electricity generation options that can promote reasonable and stable prices and a variety of efficiency technologies that will improve energy productivity in all sectors of the American economy. Taken together, these technologies diversify our energy portfolio and increase our energy security (these advances are addressed in Strategic Goals #1.2 and #1.4).

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