Electricity consumption in the United States totaled ***** terawatt-hours in 2023, one of the highest values in the period under consideration. Figures represent energy end use, which is the sum of retail sales and direct use of electricity by the producing entity. Electricity consumption in the U.S. is expected to continue increasing in the next decades. Which sectors consume the most electricity in the U.S.? Consumption has often been associated with economic growth. Nevertheless, technological improvements in efficiency and new appliance standards have led to a stabilizing of electricity consumption, despite the increased ubiquity of chargeable consumer electronics. Electricity consumption is highest in the residential sector, followed by the commercial sector. Equipment used for space heating and cooling account for some of the largest shares of residential electricity end use. Leading states in electricity use Industrial hub Texas is the leading electricity-consuming U.S. state. In 2022, the Southwestern state, which houses major refinery complexes and is also home to nearly ** million people, consumed over *** terawatt-hours. California and Florida trailed in second and third, each with an annual consumption of approximately *** terawatt-hours.

Electricity use in the United States stood at roughly 4,049 terawatt hours in 2023. It is projected that U.S. electricity use will continue to rise over the coming decades to reach 5,178 terawatt hours by 2050.

United States Electricity Consumption data was reported at 10.243 kWh/Day bn in Mar 2025. This records a decrease from the previous number of 11.765 kWh/Day bn for Feb 2025. United States Electricity Consumption data is updated monthly, averaging 9.940 kWh/Day bn from Jan 1991 (Median) to Mar 2025, with 411 observations. The data reached an all-time high of 13.179 kWh/Day bn in Jul 2024 and a record low of 7.190 kWh/Day bn in Apr 1991. United States Electricity Consumption data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB004: Electricity Supply and Consumption. [COVID-19-IMPACT]

Industrial activities are the greatest energy end-user sector in the United States, reaching a consumption of some 31 quadrillion British thermal units in 2024, followed by the transportation sector. The U.S. is the second-largest energy consumer in the world, after China. Energy source in the United States Consumption of fossil fuels still accounts for the majority of U.S. primary energy consumption. The transportation and industrial sectors are the sectors with the largest fossil fuel consumption in the country, the former relying on oil-based motor fuels. Electricity generation in the United States Although around 60 percent of the electricity generated in the U.S. is derived from natural gas and coal, the use of renewable sources is becoming more common in electricity production, with the largest increase in wind and solar power. These two clean energy resources are projected to generate as much power as natural gas by 2030.

Key information about United States Oil Consumption

• United States Oil Consumption was reported at 18,983.557 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 18,862.210 Barrel/Day th for Dec 2022
• US Oil Consumption data is updated yearly, averaging 17,634.400 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 20,531.482 Barrel/Day th in 2005 and a record low of 11,512.436 Barrel/Day th in 1965
• US Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

In 2022, consumption of primary energy per capita in the United Stated amounted to 284 million British thermal units. Per capita consumption of energy has increased since the 1950s in the United States. However, in the advent of vehicle and electricity efficiency standards, per capita consumption has decreased in recent years.

Capacity Market Demand Curve Modeling Market Outlook

According to our latest research, the global Capacity Market Demand Curve Modeling market size in 2024 stands at USD 1.27 billion. The market has demonstrated robust growth, driven primarily by the increasing complexity of electricity markets and the need for advanced grid reliability analysis. The market is expected to grow at a CAGR of 10.8% during the forecast period, reaching USD 3.04 billion by 2033. This expansion is underpinned by the integration of renewable energy sources, regulatory reforms, and the rising adoption of sophisticated modeling techniques to optimize capacity market outcomes.

One of the principal growth factors for the Capacity Market Demand Curve Modeling market is the accelerating transition towards renewable energy integration across global power grids. As governments and private entities push for decarbonization, the variability and unpredictability of renewables such as wind and solar have made demand curve modeling essential for maintaining grid stability and efficient capacity allocation. The need to balance intermittent generation with reliable supply has prompted utilities and independent power producers to invest in advanced software and hardware solutions, thereby fueling market growth. Additionally, the increasing complexity of market mechanisms, such as capacity auctions and forward contracts, necessitates precise modeling to optimize bidding strategies and ensure compliance with regulatory requirements.

Another significant driver is the evolution of regulatory frameworks and market structures in both established and emerging electricity markets. Regulatory bodies are increasingly mandating transparent and robust capacity market mechanisms to ensure long-term reliability and avoid supply shortfalls. This has led to a surge in demand for modeling services and software that can simulate different market scenarios, analyze policy impacts, and forecast future capacity needs. The growing emphasis on grid reliability, coupled with the need for accurate policy analysis, is pushing market participants to adopt sophisticated demand curve modeling tools that can accommodate a wide range of variables and uncertainties.

Furthermore, the proliferation of digital technologies, such as artificial intelligence, machine learning, and big data analytics, is revolutionizing the Capacity Market Demand Curve Modeling market. The adoption of these technologies enables more granular and dynamic modeling, allowing stakeholders to optimize their operational and investment decisions. The integration of real-time data feeds, advanced simulation engines, and cloud-based platforms is making demand curve modeling more accessible and scalable for a variety of end-users, including utilities, energy traders, and regulatory agencies. These innovations are expected to further accelerate market growth by enhancing the accuracy, speed, and flexibility of capacity market analyses.

Regionally, North America continues to dominate the global market, accounting for approximately 38% of the total market size in 2024, followed closely by Europe and Asia Pacific. The United States, in particular, has seen significant investments in capacity market infrastructure and modeling capabilities, driven by regulatory initiatives and the expansion of renewable energy portfolios. Europe is also witnessing rapid growth, fueled by the integration of cross-border electricity markets and ambitious decarbonization targets. Meanwhile, Asia Pacific is emerging as a high-growth region, supported by large-scale grid modernization projects and rising electricity demand. Latin America and the Middle East & Africa are gradually adopting capacity market mechanisms, presenting new opportunities for market expansion in the coming years.

Component Analysis

The Component segment of the Capacity Market Demand Curve Modeling market is categorized into Software, Services, and Hardware. Software solutions form the backbone of demand curve modelin

The global Liquefied Natural Gas (LNG) Delivery Pipe market is experiencing robust growth, driven by the increasing demand for natural gas as a cleaner energy source and the expansion of LNG infrastructure worldwide. Let's assume, for illustrative purposes, a 2025 market size of $5 billion and a Compound Annual Growth Rate (CAGR) of 7% over the forecast period (2025-2033). This implies significant market expansion, reaching an estimated $9.5 billion by 2033. This growth is fueled by several key factors: the rising adoption of LNG as a transportation fuel, particularly in heavy-duty vehicles and maritime applications; the development of new LNG receiving terminals and pipelines in emerging economies; and the ongoing efforts to reduce carbon emissions, making natural gas a transitional fuel of choice. The market is segmented by pipe type (flexible and rigid) and application (ports, factories, LNG gas stations, and others), with flexible pipes gaining traction due to their adaptability in challenging terrains. Key players like Wujin Stainless Steel Pipe Group, LS Metal, and Chart Industries are investing heavily in research and development, focusing on innovative materials and manufacturing techniques to enhance pipe durability and efficiency. However, market growth is not without its challenges. Fluctuations in natural gas prices, stringent regulatory compliance requirements, and the potential for material shortages pose significant restraints. Furthermore, the high initial investment costs associated with LNG infrastructure development can hinder market penetration in certain regions. Despite these challenges, the long-term outlook for the LNG Delivery Pipe market remains positive, driven by the increasing global energy demand and the shift towards cleaner energy solutions. Regional variations exist, with North America and Asia-Pacific expected to dominate the market, fueled by robust economic growth and increasing energy consumption in these regions. Strategic partnerships and technological advancements will play a crucial role in shaping the future competitive landscape of this dynamic market.

The small-scale liquefied natural gas (LNG) market is experiencing robust growth, projected to reach a market size of $10.70 billion in 2025, expanding at a compound annual growth rate (CAGR) of 10.38% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the increasing demand for cleaner energy sources, particularly in transportation and power generation sectors, is fueling the adoption of LNG as a relatively low-emission fuel compared to traditional alternatives like diesel. Secondly, advancements in small-scale LNG technology are making it more economically viable and accessible for various applications, even in remote or geographically challenging locations. This includes innovations in liquefaction, transportation, and regasification technologies, reducing costs and improving efficiency. Finally, government regulations promoting cleaner fuels and energy security are incentivizing investment in small-scale LNG infrastructure, particularly in regions with limited access to traditional natural gas pipelines. The market segmentation reveals a diverse landscape with liquefaction and regasification terminals playing crucial roles in the value chain. Truck, transshipment, bunkering, pipeline, and rail modes of supply cater to diverse geographical and logistical requirements. Key applications include transportation (maritime and trucking), industrial feedstock, and power generation, with the transportation sector expected to remain a dominant driver of growth. The competitive landscape is marked by a mix of established players and emerging technology providers. Major companies like Linde PLC, Wärtsilä Oyj ABP, Baker Hughes Company, and Chart Industries Inc. are significantly contributing to technology advancements and infrastructure development. Meanwhile, smaller players are focusing on niche applications and regional markets. Geographical growth is anticipated across all regions, with North America, Europe, and Asia Pacific expected to remain major contributors due to strong regulatory support, growing energy demand, and existing gas infrastructure. However, emerging markets in Africa and South America are also poised for significant expansion as economies develop and access to cleaner energy becomes increasingly crucial. The forecast period (2025-2033) will likely witness further technological breakthroughs, leading to cost reductions and enhanced efficiency, further bolstering the growth trajectory of the small-scale LNG market. Recent developments include: April 2024: the Indian Gas Exchange announced the contracts for small-scale liquefied natural gas on its platform after receiving approval from the Petroleum and Natural Gas Regulatory Board., November 2023: Elengy, a unit of Engie’s GRTgaz, established a new small-scale LNG carrier loading service at its Fos Tonkin terminal on France’s Mediterranean coast., May 2023: The National Gas Company of Trinidad and Tobago Limited signed a MoU with Globus Energy Group Trinidad Limited, Corban Energy Group, and Chester LNG LLC to identify and screen technologies for micro- and small-scale LNG development projects in the Caribbean.. Key drivers for this market are: 4., Increasing Investment in LNG Infrastructure4.; Rising Demand for LNG in Bunkering, Road Transportation, and Off-grid Power. Potential restraints include: 4., Increasing Investment in LNG Infrastructure4.; Rising Demand for LNG in Bunkering, Road Transportation, and Off-grid Power. Notable trends are: The Transportation Segment Expected to Dominate the Market.

In the United States, consumption of energy derived from fossil fuels came to approximately 77.4 quadrillion British thermal units in 2024.This represented a slight increase in comparison to the previous year. The peak in fossil fuel consumption was recorded in 2018, at 81.28 quadrillion British thermal units. Fossil fuel energies and their use today Fossil fuels are hydrocarbon-containing natural resources formed from the remains of dead plants or animals that have been subject to immense pressure from a buildup of layers over millions of years. There are three major forms of fossil fuels: coal, oil, and natural gas, which are sources of primary energy. The energy demand in the U.S. is largely covered by fossil fuels. In 2024, net electricity generation amounted to 4,304 terawatt hours. Natural gas is the most common fuel type used for electricity generation. Combined with the coal share, fossil fuels account for 76 percent of all power production in the country.Apart from natural gas and coal consumed within the power sector, oil is one of the main energy sources in the U.S. The liquid is predominantly used in the transportation sector as it is refined into petroleum products such as gasoline, diesel, and jet fuel. Oil and natural gas also serve as feed stocks in the petrochemical industry and are the building blocks for a variety of products such as plastics. Despite its prominent use since the Industrial Revolution, fossil fuels are finite resources and burning these fuels has severely impacted Earth's climate. Under the threat of climate change, the pollution caused by fossil fuels has put the whole industry under scrutiny. Burning any fossil fuel produces carbon dioxide, a greenhouse gas which contributes to global warming.

Core Producer Prices in the United States increased to 146.79 points in May from 146.59 points in April of 2025. This dataset provides - United States Core Producer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Personal Consumption Expenditures Excluding Food and Energy (Chain-Type Price Index) (PCEPILFE) from Jan 1959 to May 2025 about chained, core, energy, headline figure, PCE, consumption expenditures, consumption, personal, inflation, price index, indexes, price, and USA.

China consumes by far the most electricity of any country in the world, with almost 9,000 terawatt-hours equivalent consumed in 2024. The United States ranked as the second-leading electricity consumer that year, with over 4,000 terawatt-hours consumed. India followed, but by a wide margin. Production and consumption disparities China not only leads countries in electricity generation worldwide, it also dominates production, generating over 10 petawatt-hours annually. The United States follows with 4.6 petawatt-hours, significantly more than its consumption of 4,065 terawatt-hours. This disparity underscores the complex relationship between production and consumption, influenced by factors such as energy efficiency, export capabilities, and domestic demand. The global expansion of electricity networks, particularly in Central and Southern Asia, is driving increased production to meet growing access and demand. Shifting energy landscapes The United States, as the second-largest consumer, is experiencing a significant shift in its energy mix. Coal-based electricity has declined by nearly 65 percent since 2010, giving way to natural gas and renewable sources. This transition is evident in recent capacity additions, with renewable energy sources accounting for over 90 percent of new electricity capacity in 2024. The surge in renewable generation, particularly wind power, is reshaping the U.S. energy landscape and influencing consumption patterns. As renewable energy consumption is projected to more than double by 2050, the electricity market is adapting to these changing dynamics.

PPI Ex Food Energy and Trade Services MoM in the United States increased to 0.10 percent in May from -0.10 percent in April of 2025. This dataset includes a chart with historical data for the United States Producer Prices Final Demand Less Foods, Energy, and Trade Services MoM.

The global hydrogen infrastructure market is poised for significant growth, driven by the increasing adoption of hydrogen as a clean energy source and the escalating demand for decarbonization across various sectors. The market, estimated at $50 billion in 2025, is projected to experience a robust Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated value exceeding $150 billion by 2033. Key drivers include stringent government regulations aimed at reducing carbon emissions, the rising adoption of fuel cell electric vehicles (FCEVs), and the expanding deployment of renewable energy sources to produce green hydrogen. Significant investments in research and development are further accelerating technological advancements in hydrogen production, storage, and transportation, paving the way for more efficient and cost-effective solutions. The automotive & transportation sector is currently the largest application segment, but industrial processes and power generation are expected to witness substantial growth in the coming years, fueled by the increasing demand for clean energy in these sectors. While challenges remain, including the high cost of hydrogen production and the lack of widespread infrastructure, ongoing technological breakthroughs and supportive government policies are steadily mitigating these restraints. The market segmentation reveals a diverse landscape with key players actively involved in hydrogen production (electrolysis, steam methane reforming), storage (high-pressure cylinders, liquid hydrogen tanks), transportation (pipelines, tankers), distribution networks, and fueling stations. Leading companies like Air Products, Air Liquide, Linde, and Chart Industries are strategically investing in expanding their capabilities and market share. Geographical analysis indicates significant growth potential in North America and Europe, driven by supportive government policies and advanced technological infrastructure. Asia Pacific is also expected to emerge as a major market, propelled by growing industrialization and the increasing focus on renewable energy adoption in countries like China and India. However, the development of hydrogen infrastructure in emerging economies in the Middle East & Africa, South America, and other regions will be crucial for achieving global decarbonization targets.

China is the largest consumer of primary energy in the world, having used some 176.35 exajoules in 2024. This is a lot more than what the United States consumed, which comes in second place. The majority of primary energy fuels worldwide are still derived from fossil fuels, such as oil and coal. China's energy mix China’s primary energy mix has shifted from a dominant use of coal to an increase in natural gas and renewable sources. Since 2013, the renewables share in total energy consumption has grown by around eight percentage points. Overall, global primary energy consumption has increased over the last decade, and it is expected to experience the largest growth in emerging economies like the BRIC countries - Brazil, Russia, India, and China. What is primary energy? Primary energy is the energy inherent in natural resources such as crude oil, coal, and wind before further transformation. For example, crude oil can be refined into secondary fuels, such as gasoline or diesel, while wind is harnessed for electricity - itself a secondary energy source. A country’s total primary energy supply is a measure of the country’s primary energy sources. Meanwhile, end use energy is the energy directly consumed by the user and includes primary fuels such as natural gas, as well as secondary sources, like electricity and gasoline.

Coal consumption within the electric power sector in the United States fell to 373.8 million short tons in 2024. In the past decade, there has been a marked decline in the use of coal for electricity generation. Coal consumption peaked between 2005 and 2008, when over one billion short tons were used every year. However, with the promotion of natural gas as a bridge-fuel toward a greener power sector, coal as the dirtiest of fossil fuels has fallen out of favor and natural gas has succeeded coal in becoming the main fuel type used for electricity generation in the U.S. Coal use by sector Coal is used primarily by the power sector. An Edison plant built for New York City in 1882 was the first coal-fired electricity plant in the U.S. By the 1950s, coal was considered the leading source of fuel for electricity generation. Declines in coal usage occurred around 2007, amidst the increased availability of renewables and natural gas. Apart from the use of thermal coal for power production, coking coal is an important raw material used for steelmaking, and the industrial sector still consumes around one quadrillion British thermal unit every year. Coal power use around the world The U.S.is the third largest consumer of coal in the world, following China and India. China’s consumption exceeds the total of many other countries combined, reaching 91.94 exajoules to U.S.' 8.2 exajoules. Fossil fuels are still a primary source of fuel around the world. U.S. fossil fuel consumption reached some 77.18 quadrillion British thermal units in 2023.

The retail price for electricity in the United States stood at an average of ***** U.S. dollar cents per kilowatt-hour in 2024. This is the highest figure reported in the indicated period. Nevertheless, the U.S. still has one of the lowest electricity prices worldwide. As a major producer of primary energy, energy prices are lower than in countries that are more reliant on imports or impose higher taxes. Regional variations and sector disparities The impact of rising electricity costs across U.S. states is not uniform. Hawaii stands out with the highest household electricity price, reaching a staggering ***** U.S. cents per kilowatt-hour in September 2024. This stark contrast is primarily due to Hawaii's heavy reliance on imported oil for power generation. On the other hand, states like Utah benefit from lower rates, with prices around **** U.S. cents per kilowatt-hour. Regarding U.S. prices by sector, residential customers have borne the brunt of price increases, paying an average of ***** U.S. cents per kilowatt-hour in 2023, significantly more than commercial and industrial sectors. Factors driving price increases Several factors contribute to the upward trend in electricity prices. The integration of renewable energy sources, investments in smart grid technologies, and rising peak demand all play a role. Additionally, the global energy crisis of 2022 and natural disasters affecting power infrastructure have put pressure on the electric utility industry. The close connection between U.S. electricity prices and natural gas markets also influences rates, as domestic prices are affected by higher-paying international markets. Looking ahead, projections suggest a continued increase in electricity prices, with residential rates expected to grow by *** percent in 2024, driven by factors such as increased demand and the ongoing effects of climate change.