This report forecasts to 2024 US energy consumption and production in British thermal units (Btu). Total consumption and production are segmented by resources in terms of petroleum, natural gas, coal, renewables, and nuclear. Total consumption is also segmented by market as follows: electric power, transport, industrial, residential, and commercial.
To illustrate historical trends, total consumption, total production, the various segments, and trade are provided in annual series from 2009 to 2019.
For the purposes of this report, energy refers to primary energy. As defined by the US Energy Information Administration, primary energy is the form of energy first accounted for before any conversion to secondary or tertiary forms of energy. To recognize all primary energy consumed in the US, imports of secondary and tertiary forms of energy are included in primary energy consumption. To avoid double-counting, market totals represent primary energy consumption only. For example, the electric power market represents the consumption of energy (e.g., coal, natural gas) to produce electricity, but retail sales of that electricity to the other markets (e.g., industrial, residential) are excluded. Petroleum and natural gas consumed as feedstock for chemical production are included in consumption and production figures.
Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report.
Table of Contents
Companies Mentioned
- ExxonMobil
- NextEra Energy
- Peabody Energy
- Valero Energy
Methodology
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