Throughout the past decade, the United States has been notably decreasing its use of coal, and increasing the use of natural gas and renewable energy sources for electricity generation. In 2023, natural gas was by far the largest source of electricity in the North American country, with a generation share of 43 percent. Renewable energy's share amounted to 23 percent that year.

In the United States, electricity derived from coal has decreased over the past two decades, with the annual output declining by almost 63 percent between 2010 and 2023. In contrast, there has been a rise in natural gas and renewable sources within the energy mix. How is electricity generated in the U.S.? Most electricity in the U.S. is generated from steam turbines, which can be powered by fossil and nuclear fuels, biomass, geothermal, and solar thermal energy. Other systems such as gas turbines, hydro turbines, wind turbines, and solar photovoltaics are also major generation technologies. Electric utilities in the U.S. generated more than 2,176 terawatt hours in 2023, accounting for just over half of the power output in the country that year. Growing renewable capacity Renewable sources have become more prominent in the U.S. in recent years, particularly wind, hydro, and solar energy. The former has overtaken conventional hydropower, becoming the leading renewable energy source in the U.S. since 2019. Wind and solar power have also accounted for the largest share of electricity capacity additions in the country.

Petroleum is the primary source of energy in the United States, with a consumption of 35.43 quadrillion British thermal units in 2023. Closely following, the U.S. had 33.61 quadrillion British thermal units of energy derived from natural gas. Energy consumption by sector in the United States Petroleum is predominantly utilized as a fuel in the transportation sector, which is also the second-largest consumer of energy in the U.S. with almost 30 percent of the country’s total energy consumption in 2023. This figure is topped only by the energy-guzzling industrial sector, a major consumer of fossil fuels such as petroleum and natural gas. Renewable energy in the United States Despite the prevalence of fossil fuels in the U.S. energy mix, the use of renewable energy consumption has grown immensely in the last decades to approximately 11 exajoules in 2023. Most of the renewable energy produced in the U.S. is derived from biomass, hydro and wind sources. In 2023, renewable electricity accounted for approximately 22.5 percent of the nation’s total electricity generation.

Fossil fuel consumption in the United States amounted to 77.18 quadrillion British thermal units in 2023, down from some 78.5 quadrillion British thermal units in the previous year. Renewables consumption also slightly increased, reaching 8.24 quadrillion British thermal units that year.

State-level data on all energy sources. Data on production, consumption, reserves, stocks, prices, imports, and exports. Data are collated from state-specific data reported elsewhere on the EIA website and are the most recent values available. Data on U.S. territories also available.

Coal power plants generated 2,013 terawatt-hours (TWh) of electricity in the United States in 2005. In that year, it was projected by the EIA (Energy Information Administration) that coal power generation would increase to 2,494 TWh by 2020. Due to environmental policies, the natural gas boom, and the rapid growth of renewable energy sources, coal power generation in the U.S. actually dropped to 774 TWh in 2020. The projected growth in coal electric power meant that U.S. power sector emissions were expected to rise to three billion metric tons of CO2 by 2020. However, electricity-related emissions that year fell 40 percent from 2005 levels to 1.4 billion metric tons. This was 52 percent lower than the assumed emissions.

US Power Market size was valued to be USD 363.6 Billion in the year 2024 and it is expected to reach USD 517 Billion in 2031, at a CAGR of 4.5% over the forecast period of 2024 to 2031.

The size of the North America Power Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of % during the forecast period. The power industry in North America is experiencing a profound transformation, influenced by advancements in technology, changes in regulations, and evolving energy requirements. This sector, which includes the generation, transmission, and distribution of electricity, is essential to the economic framework of the region, catering to both residential and industrial consumers. Recent developments indicate a marked shift towards cleaner and more sustainable energy options, particularly renewables, while still maintaining a significant dependence on natural gas. This transition is driven by a mix of environmental regulations, technological progress, and an increasing focus on minimizing greenhouse gas emissions. The North American power industry is shaped by several key factors, including the growing incorporation of renewable energy sources such as wind and solar, which are altering the energy landscape and prompting necessary upgrades to grid infrastructure to enhance reliability and adaptability. Innovations in energy storage and smart grid technologies are also critical, improving the efficiency and stability of power distribution systems. Furthermore, regulatory frameworks and incentives designed to encourage energy efficiency and lower carbon emissions are expediting the adoption of cleaner technologies. As the region continues to progress through its energy transition, the North American power industry is set for expansion, characterized by a combination of upgraded infrastructure, cutting-edge technologies, and a robust commitment to sustainability. This transformation mirrors broader global movements towards cleaner and more resilient energy systems. Recent developments include: In August 2022, The U.S. Department of Energy's Water Power Technologies Office has given GE Research, the technological development division of General Electric Company, a 30-month, USD 4.3 million projects to increase the operating capacity and flexibility of hydropower assets., In October 2022, Belltown Power U.S. sold a 6 GW portfolio of solar, coupled, and stand-alone battery storage development projects to ENGIE North America (ENGIE). 33 projects totaling approximately 2.7 GW of solar energy, 0.7 GW of paired storage, and 2.6 GW of standalone battery storage are included in the transaction. Acquisition of 33 early to late-stage projects will accelerate renewables development across multiple states in North America., In November 2022, EE North America joined up with Elio Energy to build a 2GW solar power pipeline and energy storage assets in Arizona and neighboring states in the United States. The company intends to build 10GW of renewable energy capacity in the country by 2026 in order to assist state and local governments across the United States in meeting their net-zero emissions targets.. Key drivers for this market are: 4., Supportive Government Policies and Incentives4.; Environmental Concerns. Potential restraints include: 4., Fossil Fuel Subsidies. Notable trends are: Conventional Thermal is Likely Dominate the Market.

Forecast: Solar Energy Consumption in the US 2022 - 2026 Discover more data with ReportLinker!

The size of the US Clean Energy Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 10.01% during the forecast period. The clean energy sector in the United States has undergone remarkable growth and transformation in recent years, propelled by a blend of technological innovations, supportive policies, and a rising consumer preference for sustainable alternatives. This market includes various segments such as solar, wind, hydropower, and energy storage, all of which contribute to a diversified energy mix aimed at minimizing greenhouse gas emissions and improving energy efficiency. Solar energy continues to be a leading component, with decreasing costs and advancements in photovoltaic technology enhancing its accessibility and affordability for both residential and commercial use. Wind energy, encompassing both onshore and offshore projects, has attracted significant investments, bolstered by federal incentives and state mandates. Furthermore, energy storage solutions, particularly batteries, are rapidly advancing to mitigate the intermittency challenges of renewable energy sources, thereby fostering a more dependable and resilient power grid. Government initiatives, including tax incentives, renewable portfolio standards, and climate action commitments, have been instrumental in directing the industry's development. Moreover, the private sector's dedication to sustainability and corporate social responsibility is further propelling market growth. As the United States moves towards a cleaner energy landscape, the sector is anticipated to maintain its growth trajectory, driven by innovation, investment, and a progressively supportive regulatory framework. This transition not only offers prospects for economic advancement but also plays a vital role in global efforts to address climate change. Recent developments include: March 2023: The US Energy Information Administration announced that the total electricity generated from renewables surpassed coal in the United States for the first time in 2022. Renewable energy also exceeded nuclear generation in 2022., May 2022: Greenlane Renewables Inc. announced that it had been awarded a contract for USD 6.8 million for dairy manure to renewable natural gas (RNG) project in the United States., May 2022: The Host Group plans to construct three biogas plants in New York and Ohio. The New York project is expected to produce each 300 SCFM of biogas, and the Ohio project is expected to have approximately 475 SCFM of biogas. The treated renewable natural gas on all three sites will likely be delivered as compressed bio-CNG to tanker trucks transporting the gas to a gas injection site. The upcoming project can have 3,000 American family cars drive on bio-CNG for a year.. Key drivers for this market are: Supportive Government Policies and Incentives4., Environmental Concerns. Potential restraints include: Fossil Fuel Subsidies. Notable trends are: Solar Energy to Witness Significant Growth.

New York Electric Generation By Fuel Type, GWh dataset provides data on total electricity requirements and in-state generation for New York State in giga-watt hours. Sources of electricity include coal, natural gas, petroleum products, hydro, nuclear, waste, landfill gas, wood, wind, solar, and net imports of electricity.

How does your organization use this dataset? What other NYSERDA or energy-related datasets would you like to see on Open NY? Let us know by emailing OpenNY@nyserda.ny.gov.

Global consumption of renewable energy has increased significantly over the last two decades. Consumption levels nearly reached 90.23 exajoules in 2023. This upward trend reflects the increasing adoption of clean energy technologies worldwide. However, despite its rapid growth, renewable energy consumption still remains far below that of fossil fuels. Fossil fuels still dominate energy landscape While renewable energy use has expanded, fossil fuels continue to dominate the global energy mix. Coal consumption reached 164 exajoules in 2023, marking its highest level to date. Oil consumption also hit a record high in 2023, exceeding 4.5 billion metric tons for the first time. Natural gas consumption has remained relatively stable in recent years, hovering around 4 trillion cubic m annually. These figures underscore the ongoing challenges in transitioning to a low-carbon energy system. Renewable energy investments The clean energy sector has experienced consistent growth over the past decade, with investments more than doubling from 263 billion U.S. dollars in 2014 to 619 billion U.S. dollars in 2023. China has emerged as the frontrunner in renewable energy investment, contributing 273 billion U.S. dollars in 2023. This substantial funding has helped propel the renewable energy industry forward.

Fossil fuels remain the greatest source of electricity generation worldwide. In 2023, coal accounted for roughly 35.5 percent of the global power mix, while natural gas followed with a 23 percent share. China, India, and the United States accounted for the largest share of coal used for electricity generation. The future of renewable energy Fossil fuel use notwithstanding, the share of renewables in global electricity has seen a more pronounced year-on-year growth in recent years, following increased efforts by governments to combat global warming and a decrease in levelized costs. Projections indicate that renewables will surpass fossil fuels as the main power source by 2040. Electricity consumption in the world China is the largest electricity consumer in the world, requiring more than 8,000 terawatt-hours of electricity every year. However, this economic power accounts for the largest population in the world and its electricity consumption per capita is almost tenfold smaller than the consumption of Iceland, although the power used in this country came almost completely from clean sources.

The City and County Energy Profiles lookup table provides modeled electricity and natural gas consumption and expenditures, on-road vehicle fuel consumption, vehicle miles traveled, and associated emissions for each U.S. city and county. Please note this data is modeled and more precise data may be available from regional, state, or other sources. The modeling approach for electricity and natural gas is described in Sector-Specific Methodologies for Subnational Energy Modeling: https://www.nrel.gov/docs/fy19osti/72748.pdf.

This data is part of a suite of state and local energy profile data available at the "State and Local Energy Profile Data Suite" link below and complements the wealth of data, maps, and charts on the State and Local Planning for Energy (SLOPE) platform, available at the "Explore State and Local Energy Data on SLOPE" link below. Examples of how to use the data to inform energy planning can be found at the "Example Uses" link below.

The US Thermal Power Market Size was valued at USD 213.3 Million in 2024 and is projected to reach USD 250.23 Million by 2032, growing at a CAGR of 2.01% from 2025-2032.

US Thermal Power Market: Definition/ Overview

In the United States, Thermal power refers to the creation of electricity using heat energy, which is generally derived from fossil fuels such as coal, natural gas, and oil, as well as nuclear and geothermal energy. Thermal power plants use heat to convert mechanical energy, which is then used to drive turbines and generate electricity. This sector is an important part of the United States’ energy infrastructure, providing a steady power supply to industries, residences, and commercial organizations. It is especially useful in meeting base load energy requirements and handling peak demand when renewable energy sources are intermittent.

The US Thermal Power Market is being driven by advances in cleaner, more efficient technologies that correspond with sustainability goals. Carbon capture, utilization, and storage (CCUS) technologies, upgraded combined cycle plants, and cleaner fuel choices are projected to minimize emissions while improving plant performance. As the energy grid shifts toward a renewable-dominated mix, thermal power will remain critical to grid stability, serving as a dependable backup during periods of low renewable output. These improvements establish thermal power as a critical component in attaining a balanced, resilient, and sustainable energy future.

The size of the North America Thermal Power Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 0.91% during the forecast period. The North American thermal power market accounts for a dominant share in the regional energy scenario, mainly on account of the generation of electricity from fossil fuels like coal, natural gas, and oil. Despite the fact that conventional reliance has been on coal-based power plants, the market has witnessed a marked shift toward natural gas, largely given its significantly lower emissions and sufficiently large supply quantity, especially after the technologies related to hydraulic fracturing and horizontal drilling became available. This transition is transforming the landscape of thermal power as natural gas plants are coming into favor, increasingly due to their flexibility and efficiency. With electricity demand remaining on a high growth trajectory, thermal power remains an indispensable component of the security of supply, offering baseload power. Challenges in the market are, however growing; they include strict environmental regulations to reduce greenhouse gas emissions that are forcing many utilities to close or repurpose coal plants. The penetration of renewable energy sources, such as wind and solar, is also taking an increasing influence over the dynamics of the thermal power market. The opportunities are plenty, though challenges abound, for added efficiency and retrofitting the existing power plants with cleaner technologies. Innovations in carbon capture and storage (CCS) may further increase the sustainability of thermal power generation. Thus, while change abounds, this market for thermal power in North America is transforming but still at the heart of energy mix in the region Recent developments include: November 2023: GE Vernova’s Gas Power business announced that it would support the development of an end-to-end green hydrogen system that Duke Energy plans to build and operate at its DeBary plant, located in Volusia County, Florida, near Orlando. When operational in 2024, the new hydrogen system will provide peak power to Duke’s customers at times of increased electricity demand. The plant is expected to be the first in the United States and among the world’s first power plants to produce and use green hydrogen to power a gas turbine for peaking power applications when the grid requires additional electrical generation to meet demand. The production, storage, and end-use will be co-located at the DeBary power plant. GE Vernova will support the integration of the turbine with green hydrogen, including the upgrade of one of the four GE 7E gas turbines installed at the site to accommodate hydrogen fuel blends of significant volumes., November 2022: The United States Government announced that eight natural gas-fired combined-cycle gas turbine (CCGT) power plants had come online in the United States. Based on estimates and data from the United States Monthly Electric Generator Inventory, these new plants were expected to add 7,775 megawatts (MW) of electric-generating capacity to the United States electric grid., May 2022: JERA Co., Inc., through its subsidiary JERA Americas Inc., entered into a stock purchase agreement with an affiliate of funds managed by Stonepeak for the acquisition of a 100% interest in the thermal power generation projects in Massachusetts and Maine in the United States. The two projects, which had a combined capacity of approximately 1.63 GW, are the Canal Thermal Power Station in Massachusetts and the Bucksport Thermal Power Station in Maine.. Key drivers for this market are: 4., Increasing Investments in Thermal Power Plants. Potential restraints include: 4., Increase in Renewable Energy Share in the Total Power Generation Mix. Notable trends are: Natural Gas to Dominate the Market.

The global renewable electricity generation market is experiencing robust growth, projected to reach a market size of $298.29 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 11.5% from 2025 to 2033. This expansion is driven by several key factors. Increasing concerns about climate change and the urgent need to reduce carbon emissions are propelling governments and businesses to invest heavily in renewable energy sources. Furthermore, technological advancements are making renewable energy technologies more efficient and cost-competitive with fossil fuels, particularly in solar and wind power. Favorable government policies, including subsidies, tax incentives, and renewable portfolio standards (RPS), are further accelerating market growth. The increasing affordability and accessibility of renewable energy technologies are also empowering residential consumers to adopt solar panels and other renewable energy solutions, contributing significantly to the growth of the residential segment. Diversification of the energy mix is also a driving force, as nations strive for energy independence and resilience against volatile fossil fuel prices. Market segmentation reveals strong performance across various renewable energy sources. Solar and wind power are leading the charge, benefiting from technological improvements and economies of scale. Hydropower remains a significant contributor, although its growth is somewhat constrained by geographical limitations and environmental concerns. Biomass energy continues to play a role, particularly in regions with abundant biomass resources. The end-user segments, residential, commercial, and industrial, all demonstrate significant growth potential, with the industrial sector likely to show the most substantial expansion due to the increasing electrification of industrial processes and the rising demand for clean energy in manufacturing. Geographic variations exist, with regions like APAC (particularly China and India) and North America (especially the US and Canada) exhibiting high growth rates due to supportive policies, substantial investments, and a large energy demand. Europe also holds a significant market share due to its strong focus on sustainability and established renewable energy infrastructure. Competitive rivalry among leading companies is intense, marked by strategic partnerships, mergers and acquisitions, and continuous innovation to enhance efficiency and reduce costs. This competitive landscape fosters technological advancements and benefits consumers through price reductions and improved service offerings.

Petroleum is the most used fuel source in the United States, with a consumption level of 35.43 quadrillion British thermal units in 2023. Natural gas is the second-most common fuel source, with consumption levels rising closer to that of petroleum over recent years. Petroleum use post-financial crisis Petroleum in the United States is primarily used for fueling the transportation sector, generating heat and electricity, as well as in the production of plastics. U.S. consumption of petroleum was at its highest before the 2008 global financial crisis, when the price of crude oil rose dramatically. Petroleum consumption began to increase again in 2013, before dropping significantly as a result of the COVID-19 pandemic. The rise of natural gas While petroleum consumption has been lower in the last decade than in the early 2000s, the use of natural gas has risen significantly. Natural gas consumption in the United States has seen record highs in recent years, in part due to lower costs and its growing popularity. The U.S. currently produces more natural gas than any country in the world, followed by Russia.

The size of the North America Natural Gas Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00% during the forecast period. The North American natural gas market is exhibiting dynamic growth, not only owing to high domestic production coupled with rising consumption but also a growing trend toward cleaner sources of energy. Today, the United States is the world's largest producer of natural gas, largely because of the breakthrough in shale extraction technologies that have opened up vast reserves. This has resulted in the United States becoming the world's largest liquefied natural gas exporter. Most particularly, it makes use of incredibly high demand in markets such as Asia and Europe. Canada has considerable natural gas reserves, pipelines, and other infrastructure, supporting both the export of gas to the U.S. and international markets, besides providing domestic energy supply. ALCANICA: Canada is also focusing on the development of LNG export facilities to meet growing demand worldwide. As environmental concerns go up, natural gas becomes a bridge fuel-a source to help in the process of moving away from coal and supporting renewable integration. The issues affecting the market here include price volatility, regulatory barriers, and increased competition due to renewable energy. This should continue to be accompanied by growth in North America's natural gas market, as production capacity is strong, and investments being made in infrastructure are supported within a shifting energy mix that increasingly is suited for cleaner fuels. Recent developments include: In July 2022, Sempra Infrastructure signed an agreement with Mexico's Federal Electricity Commission to advance the joint development of critical energy infrastructure projects in Mexico, including the rerouting of the Guaymas-El Oro pipeline in Sonora, the proposed Vista Pacífico LNG project in Topolobampo, Sinaloa, and the potential development of a liquefied natural gas (LNG) terminal in Salina Cruz, Oaxaca.. Key drivers for this market are: 4., Growing Demand for Renewable Energy4.; Upcoming Investments in the Energy Sector and Supportive Renewable Energy Policies. Potential restraints include: 4., High Initial Investment Cost and Long Investment Return Period on Projects. Notable trends are: Power generation to Dominate the Market.

Solar energy accounted for some 5.6 percent of electricity generation in the United States in 2023, up from a 4.8 percent share a year earlier. California was the state with the largest percentage of its electricity generation covered by solar, with approximately 27.3 percent.