The U.S. could become a net energy exporter in less than a decade, according to an annual report by the U.S. Energy Information Administration released Thursday.

The report offered updated projections for the domestic energy markets through 2040, but also offered tables on its website with projections through 2050 for the first time, based on various economic, oil price, technological and clean-energy scenarios.

“EIA’s projections show how advances in technology are driving oil and natural gas production, renewables penetration, and demand-side efficiencies and reshaping the energy future,” EIA Administrator Adam Sieminski said in a statement.

Under the EIA’s base case, which assumes a trend improvement in known technologies and reflects the central views of leading economic forecasters, the U.S. could become a net energy exporter by 2026. The country has been a net energy importer since 1953.

EIA

Total domestic energy consumption is projected to rise by 5% between 2016 and 2040, the EIA said, based on the reference case.

Natural gas US:NGG17 is expected to see the largest rise in consumption amid demand from the industrial and electric-power sectors, but renewable energy use will grow the fastest on a percentage basis because of falling costs and supportive state and federal policies.

Coal consumption, meanwhile, is set to fall as the fuel loses market share to natural gas and renewable sources in the electric-power sector.

Total energy production would climb by more than 20% from 2016 to 2040 under the reference case, with renewables, natural gas and crude-oil CLG27, production in the lead, the EIA said. Natural-gas output, in particular, would account for nearly 40% of energy production by 2040.

EIA

The EIA also said that projections for tight oil and shale gas production are “uncertain because large portions of the known formation have relatively little or no production history, and extraction technologies and practices continue to evolve rapidly.”

Still, “continued high rates of drilling technology improvement could increase well productivity and reduce drilling, completion, and production costs,” it said.

As for prices for crude, Brent UK:LCOH7 is projected to rise at a quicker rate in the near term than in the long term, while natural-gas prices could rise then flatten at about $5 per million British thermal units over the 2030-2040 period, the EIA said, based on the reference case.