United States energy report

• The US has set a new target of a 50-52% reduction in GHG emissions in 2030 compared to 2005 levels.
• Ten large electricity companies own about 30% of the total capacity.
• Since 2018, Chevron topped ExxonMobil as the country's biggest crude and NGL producer.
• The US is the largest producer of both oil and gas worldwide.
• Oil production decreased by 8% in 2020 in the context of the COVID-19 pandemic, after a substantial decade-long increase driven by non-conventional oil.
• Renewables reached 20% of the power mix in 2020 and carbon free sources 40%.
• US energy prices are generally 50% below the OECD average.
• Total energy consumption was quite stable between 2010 and 2019 and dropped by 9% in 2020.
• The share of coal and lignite in the energy mix has dropped by 12% points since 2010.
• LNG export capacities are expected to increase by more than 50% by 2026.
• More than one third of the current coal-fired capacity will be retired by 2025, as will 20% of the nuclear capacity by 2026.

• Institutions & Energy Policy

  The Department of Energy (DoE) oversees the coordination of all the national activities concerning the production, regulation, management, and conservation of energy. The Office of Energy Efficiency and Renewable Energy is in charge of developing and promoting energy technologies that contribute to "sustainable" development.

• Energy Supply

  Gas:

  Natural gas production increased by 83% between 2006 and 2019 (5%/year), including a 24% rise just between 2017 and 2019; it declined slightly in 2020 to 953 bcm (-1%). This trend is mainly driven by shale gas production, which went from 37 bcm in 2007 to 745 bcm in 2020 (i.e. around 78% of total gas production).

• Energy Prices

  Electricity:

  The average prices of electricity are $13c/kWh for households and $7c/kWh for industry in 2021. Residential prices have been relatively stable since 2017, while industrial prices have been increasing in 2021 (+5%). Household and industry prices are among the lowest in the OECD (36% and 43% below the OECD average, respectively).

• Energy Consumption

  Per capita consumption was around 6.1 toe/cap (including 11.5 MWh/cap of electricity) in 2020, which is more than 60% higher than the OECD average.

  The country's total consumption remained relatively stable between 2010 and 2019 before declining by 9% in 2020 to 2,029 Mtoe. The United States is the 2^nd largest energy consumer in the world, since it was overtaken by China in 2009.

• Issues & Prospects

  Official EIA long-term forecasts (AEO- Annual Energy Outlook 2021, reference scenario) expect energy consumption to recover from the dip observed as a result of the COVID-19 pandemic by 2030 and to continue increasing by 10% until 2050.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

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Below is a list of the United States energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Gas prices for industry and households (US$c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2020, %)
• GRAPH 10: Final consumption market share by sector (2020, %)
• GRAPH 11: Oil consumption (Mt)
• GRAPH 12: Oil consumption breakdown by sector (2020, %)
• GRAPH 13: Electricity consumption (TWh)
• GRAPH 14: Electricity consumption breakdown by sector (2020, %)
• GRAPH 15: Natural gas consumption (bcm)
• GRAPH 16: Gas consumption breakdown by sector (2020, %)
• GRAPH 17: Coal consumption (Mt)
• GRAPH 18: Coal consumption breakdown by sector (2020, %)

In the United States energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

The United States country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

• Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
• Power: Electricity generation & capacities, by technology.
• CO₂: Total CO₂ emissions.
• Macro-economy: Main macro-economic assumptions.
• Key indicators: Energy intensity, share of renewables, CO₂ emissions per capita and per unit of GDP.