The United States generated ***** terawatt-hours of electricity in 2024, one of the largest figures recorded in the indicated period. In comparison to the previous year, power generation decreased by *** terawatt-hours. U.S. electricity market and the role of renewables Unlike the use of fossil fuels, U.S. renewable electricity generation has increased in recent years, amounting to more than *** terawatt-hours in 2023. Wind power has become the main renewable source of electricity generation in the North American country, having surpassed conventional hydroelectric power in 2019. Who are the main consumers of electricity? The residential sector was ranked as the largest consumer of electricity in the United States in 2023. Electricity retail sales to residential users have grown by almost *** terawatt-hours since the beginning of the century.

Graph and download economic data for Electric Power Production for United States (M0128AUSM247NNBR) from Jan 1936 to Jan 1957 about electricity, production, and USA.

The electricity production in the United States peaks in the summer and winter months, the latter season being when the electricity demand of the country is at its highest. The U.S. produced ****** terawatt-hours of electricity in April 2025. By comparison, in the same month the previous year, the U.S. produced ****** terawatt-hours of electricity.

In the United States, electricity derived from coal has decreased over the past two decades, with the annual output declining by almost 65 percent between 2010 and 2024. 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 2,241 terawatt hours in 2024, 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. over the past 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 in recent years.

United States US: Electricity Production From Coal Sources: % of Total data was reported at 34.233 % in 2015. This records a decrease from the previous number of 39.651 % for 2014. United States US: Electricity Production From Coal Sources: % of Total data is updated yearly, averaging 51.846 % from Dec 1960 (Median) to 2015, with 56 observations. The data reached an all-time high of 57.679 % in 1988 and a record low of 34.233 % in 2015. United States US: Electricity Production From Coal Sources: % of Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Energy Production and Consumption. Sources of electricity refer to the inputs used to generate electricity. Coal refers to all coal and brown coal, both primary (including hard coal and lignite-brown coal) and derived fuels (including patent fuel, coke oven coke, gas coke, coke oven gas, and blast furnace gas). Peat is also included in this category.; ; IEA Statistics © OECD/IEA 2014 (http://www.iea.org/stats/index.asp), subject to https://www.iea.org/t&c/termsandconditions/; Weighted average; Electricity production shares may not sum to 100 percent because other sources of generated electricity (such as geothermal, solar, and wind) are not shown. Restricted use: Please contact the International Energy Agency for third-party use of these data.

Graph and download economic data for Industrial Production: Utilities: Electric Power Generation, Transmission, and Distribution (NAICS = 2211) (IPG2211S) from Jan 1972 to May 2025 about power transmission, distributive, electricity, IP, production, industry, indexes, and USA.

United States US: Electricity Production From Oil Sources: % of Total data was reported at 0.904 % in 2015. This records a decrease from the previous number of 0.923 % for 2014. United States US: Electricity Production From Oil Sources: % of Total data is updated yearly, averaging 4.834 % from Dec 1960 (Median) to 2015, with 56 observations. The data reached an all-time high of 17.167 % in 1977 and a record low of 0.774 % in 2012. United States US: Electricity Production From Oil Sources: % of Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Energy Production and Consumption. Sources of electricity refer to the inputs used to generate electricity. Oil refers to crude oil and petroleum products.; ; IEA Statistics © OECD/IEA 2014 (http://www.iea.org/stats/index.asp), subject to https://www.iea.org/t&c/termsandconditions/; Weighted average; Electricity production shares may not sum to 100 percent because other sources of generated electricity (such as geothermal, solar, and wind) are not shown. Restricted use: Please contact the International Energy Agency for third-party use of these data.

This deposit combines data from https://doi.org/10.3886/E146782V1 and https://doi.org/10.3886/E146801V1 to produce files containing the hourly generation, costs, and capacities of virtually all power plants in the lower 48 United States between 1999-2012 for their use in "Data and Code for: Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation" (https://doi.org/10.3886/E115467V1).

Oil production in the United States amounted to around 827.1 million metric tons in 2023, an increase when compared to the previous year and the highest figure recorded within the period of consideration. Between 1998 and 2023, figures increased by 459 million metric tons.

United States US: Electricity Production From Natural Gas Sources: % of Total data was reported at 31.942 % in 2015. This records an increase from the previous number of 26.888 % for 2014. United States US: Electricity Production From Natural Gas Sources: % of Total data is updated yearly, averaging 17.344 % from Dec 1960 (Median) to 2015, with 56 observations. The data reached an all-time high of 31.942 % in 2015 and a record low of 9.464 % in 1988. United States US: Electricity Production From Natural Gas Sources: % of Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Energy Production and Consumption. Sources of electricity refer to the inputs used to generate electricity. Gas refers to natural gas but excludes natural gas liquids.; ; IEA Statistics © OECD/IEA 2014 (http://www.iea.org/stats/index.asp), subject to https://www.iea.org/t&c/termsandconditions/; Weighted average; Electricity production shares may not sum to 100 percent because other sources of generated electricity (such as geothermal, solar, and wind) are not shown. Restricted use: Please contact the International Energy Agency for third-party use of these data.

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 2024, 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 24 percent that year.

This data deposit constructs data on monthly generation costs and capacities in the United States from 1999-2012 in preparation for their use in "Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation" (openicpsr-115467).It builds panel data files from the following EIA forms:"Form EIA-860: Annual Electric Generator Report""Form EIA-861: Annual Electric Power Industry Report""Form EIA-767: Annual Steam-Electric Plant Operation and Design Report""Form EIA-923: Power Plant Operations Report""Form EIA-759/906/920/923: Power Plant Report""Form EIA-423: Monthly Cost and Quality of Fuels for Electric Plants Report"and the EPA's Continuous Emissions Monitor System.It constructs a crosswalk that connects the EPA's boilers to the EIA's generator identifiers.

The size of the North America Distributed Power Generation Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.00">> 7.00% during the forecast period. Distributed power generation refers to the production of electricity from small, modular energy sources located close to the point of use, rather than centralized power plants. These systems, known as Distributed Energy Resources (DERs), include solar panels, wind turbines, fuel cells, and combined heat and power (CHP) systems. Distributed generation reduces transmission and distribution losses, enhances grid reliability, and allows for greater integration of renewable energy sources. It also provides flexibility and resilience, as these systems can operate independently or in conjunction with the main power grid. By generating electricity locally, distributed power generation can lower greenhouse gas emissions and support energy security. Recent developments include: In October 2022, LONGi, a leading solar technology company, announced its plan to expand its presence in Canada. As part of the expansion, the company is introducing its flagship distributed solar module, the Hi-MO 5 54-cell module, to the Canadian residential and commercial sector., In May 2022, Hanwha Q Cells announced its plans to build a 1.4 GW solar panel factory in the United States. The company also plans to invest USD 320 million in the expansion plan, of which USD 170 million will be devoted to constructing a 1.4 GW factory in the United States.. Key drivers for this market are: 4., Declining Solar Panel Costs4.; Supportive Government Policies. Potential restraints include: 4., High Upfront Cost. Notable trends are: Solar PV Sector to Witness Significant Growth.

United States US: Renewable Energy Consumption: % of Total Final Energy Consumption data was reported at 8.717 % in 2015. This records a decrease from the previous number of 8.754 % for 2014. United States US: Renewable Energy Consumption: % of Total Final Energy Consumption data is updated yearly, averaging 5.454 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 8.754 % in 2014 and a record low of 4.089 % in 1994. United States US: Renewable Energy Consumption: % of Total Final Energy Consumption data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Energy Production and Consumption. Renewable energy consumption is the share of renewables energy in total final energy consumption.; ; World Bank, Sustainable Energy for All (SE4ALL) database from the SE4ALL Global Tracking Framework led jointly by the World Bank, International Energy Agency, and the Energy Sector Management Assistance Program.; Weighted Average;

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.

United States US: Electricity Production From Nuclear Sources: % of Total data was reported at 19.346 % in 2015. This records an increase from the previous number of 19.230 % for 2014. United States US: Electricity Production From Nuclear Sources: % of Total data is updated yearly, averaging 17.851 % from Dec 1960 (Median) to 2015, with 56 observations. The data reached an all-time high of 20.647 % in 2001 and a record low of 0.069 % in 1960. United States US: Electricity Production From Nuclear Sources: % of Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Energy Production and Consumption. Sources of electricity refer to the inputs used to generate electricity. Nuclear power refers to electricity produced by nuclear power plants.; ; IEA Statistics © OECD/IEA 2014 (http://www.iea.org/stats/index.asp), subject to https://www.iea.org/t&c/termsandconditions/; Weighted average; Electricity production shares may not sum to 100 percent because other sources of generated electricity (such as geothermal, solar, and wind) are not shown. Restricted use: Please contact the International Energy Agency for third-party use of these data.

United States US: Renewable Electricity Output: % of Total Electricity Output data was reported at 13.229 % in 2015. This records an increase from the previous number of 12.954 % for 2014. United States US: Renewable Electricity Output: % of Total Electricity Output data is updated yearly, averaging 10.018 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 13.229 % in 2015 and a record low of 6.784 % in 2001. United States US: Renewable Electricity Output: % of Total Electricity Output data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Energy Production and Consumption. Renewable electricity is the share of electrity generated by renewable power plants in total electricity generated by all types of plants.; ; IEA Statistics © OECD/IEA 2018 (http://www.iea.org/stats/index.asp), subject to https://www.iea.org/t&c/termsandconditions/; Weighted Average; Restricted use: Please contact the International Energy Agency for third-party use of these data.

Graph and download economic data for Sectoral Output for Utilities: Electric Power Generation, Transmission and Distribution (NAICS 2211) in the United States (IPUCN2211T300000000) from 1987 to 2024 about power transmission, distributive, utilities, electricity, NAICS, production, and USA.

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 U.S. power market is driven by several key factors: the increasing demand for electricity, propelled by the rapid expansion of data centers and the electrification of transportation, necessitates significant investments in transmission infrastructure to enhance grid capacity and reliability. The growing emphasis on renewable energy sources, such as wind and solar, is reshaping the energy mix, influenced by both economic factors and policy initiatives. Technological advancements, including the integration of artificial intelligence and the Internet of Things, are further transforming grid operations and energy management. Additionally, policy and regulatory frameworks, including government incentives and environmental regulations, play a crucial role in shaping market dynamics.

Power Generation Market is projected to reach USD 3,245.5 Billion by 2034, with a 7.5% CAGR from 2025 to 2034.