Key Market Indicators
American electricity generation is projected to reach 4,630 terawatt-hours by 2028, according to recent forecasts. This marks an increase from the 4,500 terawatt-hours expected in 2023, reflecting an average annual growth rate of 0.4%. Since 1990, the nation's electricity supply has experienced a modest annual growth rate of 0.2%. Experts attribute the accelerated growth in the coming years to advancements in energy technology and increased demand across various sectors. As the United States continues to expand its energy infrastructure, these projections signal a steady, albeit slow, upward trend in electricity generation.
