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.

The net summer capacity of the electric power sector in the United States was estimated at 1.2 terawatts in 2024. This figure is expected to increase by more than 97 percent in the coming three decades, reaching almost three terawatts by 2050.

Renewable energy consumption (% of total final energy consumption) in United States was reported at 10.9 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Renewable energy consumption (% of total final energy consumption) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Global primary energy consumption has increased dramatically in recent years and is projected to continue to increase until 2045. Only hydropower and renewable energy consumption are expected to increase between 2045 and 2050 and reach 30 percent of the global energy consumption. Energy consumption by country The distribution of energy consumption globally is disproportionately high among some countries. China, the United States, and India were by far the largest consumers of primary energy globally. On a per capita basis, it was Qatar, Singapore, the United Arab Emirates, and Iceland to have the highest per capita energy consumption. Renewable energy consumption Over the last two decades, renewable energy consumption has increased to reach over 90 exajoules in 2023. Among all countries globally, China had the largest installed renewable energy capacity as of that year, followed by the United States.

This dataset provides future supply curves representing the total resource potential for land-based wind and solar photovoltaic (PV) deployment in the conterminous United States after accounting for the impact of land-use and land-cover change (LULC). We use LULC projections from 2010 to 2050 developed based on the Intergovernmental Panel on Climate Change (IPCC) Special Report on Emission Scenarios. The LULC projections are subsequently fed into the renewable energy potential model (reV), which estimates total available wind and solar capacity after excluding non-developable land. Supply curves are provided for four IPCC scenarios in 2050: A1B, A2, B1, and B2. As a baseline, we also provide the supply curve from the B2 scenario in 2010. In addition to the supply curves, we also provide representative wind and solar generation profiles for each supply curve point. These generation profiles are provided as capacity factors and are based on a 2012 weather year using NSRDB and WindToolkit resource data. For more details on the supply curve and profile datasets included here please refer to README. Additional information on the supply curves and the LULC projections used to generate them, as well as an analysis of their impact on wind and solar deployment under decarbonization can be found in the publication linked below: "U.S. Wind and Solar PV Supply Curves with Future Land-use Change Publication".

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]

The electricity usage of data centers in the United States is expected to increase year-on-year from 2023 to 2030, reaching an **** percent share of total electricity demand in the latter year. In 2023, data centers in the U.S. demanded *** terawatt-hours of electricity.

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.

Graph and download economic data for FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Central Tendency, High (JCXFECTH) from 2025 to 2027 about core, projection, PCE, consumption expenditures, consumption, personal, inflation, rate, and USA.

United States - FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Range, Low was 2.00000 Fourth Qtr. to Fourth Qtr. % Chg. in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Range, Low reached a record high of 4.60000 in January of 2022 and a record low of 1.20000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Range, Low - last updated from the United States Federal Reserve on July of 2025.

Renewable energy consumption (% of total final energy consumption) in Virgin Islands was reported at 5.9 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Virgin Islands - Renewable energy consumption (% of total final energy consumption) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Renewable energy consumption (% of total final energy consumption) in American Samoa was reported at 0.4 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. American Samoa - Renewable energy consumption (% of total final energy consumption) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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

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.

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.

Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

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Boiler Condenser Market Size 2024-2028

The boiler condenser market size is forecast to increase by USD 1.55 billion at a CAGR of 4.17% between 2023 and 2028.

The market is experiencing significant growth due to increasing emphasis on energy efficiency and technological advancements. With the global focus on reducing carbon emissions and improving operational efficiency, there is a growing demand for boiler condensers that can help recover waste heat and improve overall energy efficiency. Advancements in technology, such as the property graph model and indexing, enable more efficient data management and real-time analytics, enhancing the overall performance of boiler condensers. Furthermore, technological innovations in boiler condenser design and materials are enabling better heat transfer, higher thermal efficiency, and longer service life. Additionally, alternative technologies such as absorption chillers and adsorption chillers are gaining popularity as viable options to boiler condensers, particularly in industries with high thermal energy requirements. These trends are driving the growth of the market and are expected to continue shaping its future trajectory.

What will be the Size of the Boiler Condenser Market During the Forecast Period?

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The market exhibits strong growth, driven by the increasing demand for energy efficiency and environmental sustainability in various industries. Boiler condensers play a crucial role in maximizing thermal efficiency by recovering waste heat and converting it into usable energy. Market dynamics are influenced by factors such as the expanding energy sector, particularly in power generation and industrial applications, and the growing trend towards renewable energy sources. The market size is significant, with numerous players offering a range of solutions, including plate type, spiral type, and tube type condensers. The lack of standardization In the market presents opportunities for innovation and differentiation.
Applications span across diverse industries, including finance, logistics, medical information, and disease surveillance, among others. The integration of boiler condensers in data centers and cloud regions supports business processes, route optimization, warehouse management, and logistics operations for professionals In these sectors. Programming ease and the ability to handle long tasks and stored procedures further expand the market's appeal.

How is this Boiler Condenser Industry segmented and which is the largest segment?

The boiler condenser industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Electricity generation
  Industrial production
  Others


Type

  Spray condenser
  Filling condenser
  Water plate condenser
  Plate condenser


Geography

  APAC

    China


  North America

    US


  Europe

    Germany
    UK
    France


  Middle East and Africa



  South America

By Application Insights

The electricity generation segment is estimated to witness significant growth during the forecast period.

Boiler condensers, specifically steam condensers, are integral components in power generation, converting exhaust steam from turbines back into liquid water. This process is vital for maintaining steam cycle efficiency by enabling the recovery and reuse of water In the boiler, thereby optimizing resource utilization. The condensation process also recovers latent heat, enhancing thermal efficiency by preheating incoming feed water and reducing fuel consumption for steam generation. In the finance and logistics industries, advanced data modeling and analytics tools are employed to monitor and improve boiler condenser performance. Big data, real-time analytics, and fraud detection systems are used to optimize delivery routes, warehouse management, and shipment tracking, mitigating bottlenecks and enhancing overall efficiency.

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The Electricity generation segment was valued at USD 2.61 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 38% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the Asia Pacific (APAC) region is projected to experience substantial growth In the forthcoming years. Boiler condensers play a crucial role in various manufacturing and industrial processes, particularly in sectors such as textiles and paper. The texti