Locator: 51242ELECTRICITY.
By state.
All sectors: only two states with an 8-handle: New Mexico, 8.07 cents; and North Dakota, 8.67 cents.
Residential: only four states with a 13-handle, despite record-setting a/c use / hot summer -- Missouri, Nebraska, Oklahoma, and North Dakota. BUT, Utah and Idaho with a 12-handle.
Industrial: California with a 20-handle vs so many states with a 6-handle. NY state is below 10 cents. Amazing.
Locator: 48918ELECTRICITY.
Up until a few years ago, it was estimated that electricity demand in the US would flat-line or increase about a percent / year from now until 2030. It is not being predicted that electricity demand will increase by 25% between now and 2030.
Here is the data from just a few years ago (2022), link here.
Electricity consumption in the United States was about 4 trillion kilowatthours (kWh) in 2022 Electricity is an essential part of modern life and important to the U.S. economy.
Total U.S. electricity consumption in 2022 was about 4.07 trillion kWh, the highest amount recorded and 14 times greater than electricity use in 1950.
Total annual U.S. electricity consumption increased in all but 11 years between 1950 and 2022, and 8 of the years with year-over-year decreases occurred after 2007.
Total electricity end-use consumption includes retail sales of electricity to consumers and direct use electricity. Direct use electricity is used by the same industrial or commercial sector facility where it is produced. The industrial sector accounts for most direct use electricity.
Total direct use of electricity by the industrial and commercial sectors was about 3.5% of total electricity end-use consumption in 2022.
Total U.S. electricity end-use consumption in 2022 was about 3.2% higher than in 2021.1 In 2022, retail electricity sales to the residential sector were about 2.6% higher than in 2021, and retail electricity sales to the commercial sector were about 4.7% higher than in 2021.
Electricity retail sales to the industrial sector in 2022 were about 2.0% higher than in 2021 but were about 4.1% lower than in 2000, the year of highest U.S. retail sales to the industrial sector. The industrial sector's percentage share of total U.S. electricity retail sales was about 31.1% in 2000 and 26.0% in 2022.
Locator: 48442ENERGYGLOBAL.
Sixth Industrial Revolution (SIR) now has its own page.
When reading this, put this in perspective:
Must-read. Archive. The full report is here and can be downloaded as a PDF: 118 pages.
The languages available, in this order:
Global electricity review. Ember, link here.
Electrek's version of the story.
Solar has doubled in just three years, providing more than 2,000 TWh of electricity in 2024. Wind generation also grew to 8.1% of global electricity, while hydro – the single largest renewable source – remained steady at 14% of global electricity.
“Solar power has become the engine of the global energy transition,” said Phil MacDonald, Ember’s managing director. “Paired with battery storage, solar is set to be an unstoppable force. As the fastest-growing and largest source of new electricity, it is critical in meeting the world’s ever-increasing demand for electricity.”
Folks may want to find out how much battery storage the US has.
Chapter 1: 2024 in review -- record rise in renewables pushes clean power generation above 50% of global electricity --
Record renewables growth helped push clean power to a new milestone. However, heatwaves contributed to high growth in electricity demand, which resulted in a small increase in fossil generation.
But wow, one has to read it closely to see the Real Story! Actually two stories. And both stories buried.
The first story: global electricity demand grows at the third-highest level in the last decade. And that's before the LDCs start to come into play.
The second story: the world's three largest power consumers -- China, India, and the US -- saw an increase in fossil generation in 2024, while the world's fourth largest, the EU saw a decline.
But, to repeat: the EU saw a decline.
Locator: 48441ENERGYGLOBAL.
Must-read. Archive. The full report is here and can be downloaded as a PDF: 118 pages.
The languages available, in this order:
Global electricity review. Ember, link here.
Chapter 1: 2024 in review -- record rise in renewables pushes clean power generation above 50% of global electricity --
Record renewables growth helped push clean power to a new milestone. However, heatwaves contributed to high growth in electricity demand, which resulted in a small increase in fossil generation.
But wow, one has to read it closely to see the Real Story! Actually two stories. And both stories buried.
The first story: global electricity demand grows at the third-highest level in the last decade. And that's before the LDCs start to come into play.
The second story: the world's three largest power consumers -- China, India, and the US -- saw an increase in fossil generation in 2024, while the world's fourth largest, the EU saw a decline.
But, to repeat: the EU saw a decline.
Locator: 48751ELECTRICITY.
This is quite coincidental. Earlier this morning, we talked about the price of electricity -- from a tweet about the cost of electricity "today." And then, just an hour or so later, SStap provided a great tweet on the same subject. See below.
Updates
6:21 a.m. CT, link here:
5:45 a.m. CT, link here:
Original Post
Just the links right now.
Locator: 48751ELECTRICITY.
Updates
5:45 a.m. CT, link here:
Original Post
Just the links right now.
Locator: 48480AI.
There are two camps in America with regard to AI:
I'm in the second camp.
Locator: 48431ELECTRICITY.
Electricity demand surging: great interactive article in The WSJ today. Link here.
Which immediately takes us to California: link here.
Re-posting:
Electric rates tracked here by the EIA.
Residential electric rates, cents per kWh, May, 2024, for selected states:
But, cost of electricity is like the US postage stamp: for residential demand, it's not the cost/kWh, it's the amount of electricity actually used per household/month. For US postage stamps, it's not the cost per stamp, it's the overall cost of mailing for non-commercial users. See household demand by state at this link. Average monthly use by household:
Coincidentally, this was posted yesterday:
Which takes me to SRE. Ticker:
ERCOT: link here. Holding, but will be challenging through the rest of the month of August.
Locator: 47048GRID.
I haven't read this article yet. Let's see if Barron's has it right. LOL. More weekend reading.
Locator: 46837ELECTRICITY.
North Dakota: on both charts below, look at North Dakota. You have to go to the bottom of both charts to find North Dakota. This is why data centers and bitcoin miners prefer North Dakota.
Reminder: in the US, one new data center is coming on line every three days.
|
State |
December 2023 |
October 2023 |
October 2022 |
Change |
|
RI |
30.88 |
18.64 |
16.65 |
85.47% |
|
ME |
28.04 |
16.16 |
16.17 |
73.41% |
|
MA |
28.85 |
21.11 |
18.56 |
55.44% |
|
CA |
29.11 |
19.90 |
19.39 |
50.13% |
|
HI |
41.60 |
32.76 |
30.45 |
36.62% |
|
NV |
15.55 |
11.67 |
11.64 |
33.59% |
|
DC |
17.75 |
13.21 |
13.40 |
32.46% |
|
CT |
26.86 |
21.62 |
20.47 |
31.22% |
|
TX |
14.58 |
11.36 |
11.15 |
30.76% |
|
DE |
16.32 |
12.05 |
12.59 |
29.63% |
|
NH |
24.98 |
19.63 |
19.30 |
29.43% |
|
FL |
15.26 |
11.37 |
12.02 |
26.96% |
|
OH |
15.69 |
12.64 |
12.67 |
23.84% |
|
MD |
17.46 |
13.92 |
14.22 |
22.78% |
|
IN |
14.58 |
12.02 |
12.05 |
21.00% |
|
PA |
17.53 |
14.38 |
14.52 |
20.73% |
|
NY |
22.52 |
18.30 |
18.76 |
20.04% |
|
NC |
13.22 |
11.24 |
11.07 |
19.42% |
|
VT |
21.09 |
18.50 |
18.02 |
17.04% |
|
MI |
18.55 |
16.07 |
15.86 |
16.96% |
|
MS |
13.25 |
11.55 |
11.40 |
16.23% |
|
IL |
14.98 |
12.56 |
12.95 |
15.68% |
|
OR |
12.56 |
11.02 |
10.97 |
14.49% |
|
WV |
13.37 |
11.57 |
11.69 |
14.37% |
|
KY |
12.21 |
10.56 |
10.68 |
14.33% |
|
VA |
13.61 |
12.40 |
11.91 |
14.27% |
|
AZ |
14.41 |
13.16 |
12.65 |
13.91% |
|
LA |
11.40 |
9.37 |
10.19 |
11.87% |
|
TN |
12.18 |
10.79 |
10.93 |
11.44% |
|
CO |
14.15 |
12.28 |
12.75 |
10.98% |
|
WA |
11.00 |
9.79 |
9.95 |
10.55% |
|
AL |
14.13 |
12.41 |
12.79 |
10.48% |
|
NJ |
17.59 |
15.64 |
15.96 |
10.21% |
|
WI |
16.48 |
14.28 |
15.05 |
9.50% |
|
AR |
11.61 |
9.99 |
10.73 |
8.20% |
|
MT |
12.61 |
11.85 |
11.73 |
7.50% |
|
OK |
10.99 |
10.72 |
10.53 |
4.37% |
|
SC |
13.61 |
12.91 |
13.07 |
4.13% |
|
GA |
12.79 |
12.26 |
12.53 |
2.08% |
|
NM |
13.65 |
13.37 |
13.41 |
1.79% |
|
ID |
11.60 |
10.58 |
11.42 |
1.58% |
|
MN |
13.94 |
14.09 |
13.96 |
-0.14% |
|
KS |
12.96 |
11.56 |
13.56 |
-4.42% |
|
UT |
10.86 |
10.63 |
11.48 |
-5.40% |
|
SD |
11.69 |
12.39 |
12.57 |
-7.00% |
|
WY |
11.21 |
12.30 |
12.21 |
-8.19% |
|
NE |
10.58 |
11.31 |
12.06 |
-12.27% |
|
IA |
11.88 |
13.81 |
13.92 |
-14.66% |
|
MO |
11.20 |
13.23 |
13.25 |
-15.47% |
|
ND |
10.23 |
12.07 |
12.34 |
-17.10% |
|
AK |
11.61 |
22.54 |
22.14 |
-47.56% |
Change: From October, 2022 - December, 2022
The above chart was ranked on change, y/y.
The chart below is ranked on actual cost of residential energy, highest to lowest.
Note the state with the lowest rates. During the winter.
|
State |
December 2023 |
October 2023 |
October 2022 |
Change |
|
HI |
41.60 |
32.76 |
30.45 |
36.62% |
|
RI |
30.88 |
18.64 |
16.65 |
85.47% |
|
CA |
29.11 |
19.90 |
19.39 |
50.13% |
|
MA |
28.85 |
21.11 |
18.56 |
55.44% |
|
ME |
28.04 |
16.16 |
16.17 |
73.41% |
|
CT |
26.86 |
21.62 |
20.47 |
31.22% |
|
NH |
24.98 |
19.63 |
19.30 |
29.43% |
|
NY |
22.52 |
18.30 |
18.76 |
20.04% |
|
VT |
21.09 |
18.50 |
18.02 |
17.04% |
|
MI |
18.55 |
16.07 |
15.86 |
16.96% |
|
DC |
17.75 |
13.21 |
13.40 |
32.46% |
|
NJ |
17.59 |
15.64 |
15.96 |
10.21% |
|
PA |
17.53 |
14.38 |
14.52 |
20.73% |
|
MD |
17.46 |
13.92 |
14.22 |
22.78% |
|
WI |
16.48 |
14.28 |
15.05 |
9.50% |
|
DE |
16.32 |
12.05 |
12.59 |
29.63% |
|
OH |
15.69 |
12.64 |
12.67 |
23.84% |
|
NV |
15.55 |
11.67 |
11.64 |
33.59% |
|
FL |
15.26 |
11.37 |
12.02 |
26.96% |
|
IL |
14.98 |
12.56 |
12.95 |
15.68% |
|
TX |
14.58 |
11.36 |
11.15 |
30.76% |
|
IN |
14.58 |
12.02 |
12.05 |
21.00% |
|
AZ |
14.41 |
13.16 |
12.65 |
13.91% |
|
CO |
14.15 |
12.28 |
12.75 |
10.98% |
|
AL |
14.13 |
12.41 |
12.79 |
10.48% |
|
MN |
13.94 |
14.09 |
13.96 |
-0.14% |
|
NM |
13.65 |
13.37 |
13.41 |
1.79% |
|
VA |
13.61 |
12.40 |
11.91 |
14.27% |
|
SC |
13.61 |
12.91 |
13.07 |
4.13% |
|
WV |
13.37 |
11.57 |
11.69 |
14.37% |
|
MS |
13.25 |
11.55 |
11.40 |
16.23% |
|
NC |
13.22 |
11.24 |
11.07 |
19.42% |
|
KS |
12.96 |
11.56 |
13.56 |
-4.42% |
|
GA |
12.79 |
12.26 |
12.53 |
2.08% |
|
MT |
12.61 |
11.85 |
11.73 |
7.50% |
|
OR |
12.56 |
11.02 |
10.97 |
14.49% |
|
KY |
12.21 |
10.56 |
10.68 |
14.33% |
|
TN |
12.18 |
10.79 |
10.93 |
11.44% |
|
IA |
11.88 |
13.81 |
13.92 |
-14.66% |
|
SD |
11.69 |
12.39 |
12.57 |
-7.00% |
|
AR |
11.61 |
9.99 |
10.73 |
8.20% |
|
AK |
11.61 |
22.54 |
22.14 |
-47.56% |
|
ID |
11.60 |
10.58 |
11.42 |
1.58% |
|
LA |
11.40 |
9.37 |
10.19 |
11.87% |
|
WY |
11.21 |
12.30 |
12.21 |
-8.19% |
|
MO |
11.20 |
13.23 |
13.25 |
-15.47% |
|
WA |
11.00 |
9.79 |
9.95 |
10.55% |
|
OK |
10.99 |
10.72 |
10.53 |
4.37% |
|
UT |
10.86 |
10.63 |
11.48 |
-5.40% |
|
NE |
10.58 |
11.31 |
12.06 |
-12.27% |
|
ND |
10.23 |
12.07 |
12.34 |
-17.10% |
