Energy 2020: USA

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Overview of the current energy mix, and the place in the market of different energy sources -

U.S. energy consumption was 101 quadrillion British thermal units (Quads) in 2018, up from 97 Quads in 2017, according to the U.S. Energy Information Administration (EIA). Within that figure, the mix of sources and uses has been an active topic this year – in legislative chambers, along regulatory agency hallways, and on Presidential candidate debate stages. Roaring renewables and the keys to further expansion

Renewable consumption was at record levels in 2018, constituting 11% of total U.S. energy consumption, up 3% from 2017. The increase was mainly driven by wind (up 8%) and solar (up 22%). Biomass consumption, including ethanol and biodiesel, was up slightly from 2017 levels, while hydroelectricity consumption was down. In April 2019, renewables reached a milestone by generating more electricity than coal for the first time in history.

Originally published in Global Legal Group, Ltd.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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