LCRI Net-Zero 2050

Reference High-Fuel

Figure 17. U.S. total energy flows in Reference High-Fuel scenario in 2050

The Reference High-Fuel scenario, shown in Figure 17, illustrates the effects of higher oil and gas prices compared to the Reference 2.0 scenario. A higher gas price drives additional renewable deployment, with the renewable share of generation reaching 73% by 2050. A higher oil price drives some additional deployment of biofuels, and even some synthetic jet fuel (and associated electrolytic hydrogen production) for compliance with state decarbonization targets in states such as California and New York.

Last updated: December 16, 2024