U.S. power usage is set to hit a new high this year due to increased economic activity and a particularly hot summer, the U.S. Energy Information Administration said on Tuesday. The EIA forecasts that 2022 power demand in the United States will reach 4.044 trillion kWh, up from 3.941 trillion kWh last year and up from an 8-year Covid-induced low of 3.
856 trillion kWh in 2020. The EIA sees total power demand in the United States dipping slightly next year to 4.004 trillion kWh. The record for power usage in the United States was set in 2018, when…U.S. Crude Oil Inventories Continue To Crash, While Products Build
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