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Business & Economics

US power use to reach record highs in 2024 and 2025, EIA forecast says

Reuters
Summary
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78% Informative

EIA projects U.S. power demand will rise to 4,086 billion kilowatt-hours in 2024 and 4,165 billion kWh in 2025 .

Natural gas' share of power generation will rise from 42% in 2023 to 43% in 2024 before sliding to 40% in 2025 , EIA says.

EIA projected 2024 gas sales would ease to 12.1 billion cubic feet per day for residential consumers.

VR Score

90

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98

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37

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formal

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English

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38

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short-lived

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