The US is projected to experience record-breaking electricity consumption in 2024 and 2025, driven by factors like colder winters, data center growth, and a continued reliance on natural gas for power generation.
U.S. electricity consumption is expected to reach all-time high levels this year and then again in 2025, according to the latest estimates by the Energy Information Administration EIA . Total U.S. electricity consumption is set to increase to 4,086 billion kilowatt hours kWh this year and to 4,165 billion kWh next year, the EIA forecasts in its latest Short-Term Energy Outlook STEO for December. The consumption in 2024 and 2024 would compare to a previous record of 4,067 billion kWh of total U.S.
The share of natural gas in America’s electricity generation is set to increase to 43% this year, up from 42% in 2023. This share is forecast to drop to 40% next year amid a rise in renewables’ share expected to increase to 23% this year and to 25% in 2025. Coal’s share is set to drop from 17% last year to 15% in 2024.
Consumption Record Highs Data Centers Natural Gas Renewables Coal EIA Short-Term Energy Outlook Power Demand
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