Reuters reports that U.S. power use will reach record highs this year.
- Economic growth is spurring record energy use in the United States.
- Natural gas will continue to provide for a large share of power generation as renewable energy is expected to increase.
- To continue fueling this economic output in a way that is beneficial to people and the planet, policymakers and regulators should look for ways to implement competitive energy policies that allow markets to pick winners and losers.
“EIA projected power demand will climb to 4,027 billion kilowatt-hours (kWh) in 2022, from 3,930 billion kWh in 2021, before sliding to 4,018 billion kWh in 2023.”
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