The forecast for U.S. production of electricity, gas, steam, and air conditioning supply from 2024 to 2028 shows a steady annual increase in value, starting at $561.53 billion in 2024 and reaching $596.13 billion by 2028. The baseline for 2023 stood around $552 billion in value.
Key trends over the years:
- 2024-2025: 1.6% year-on-year growth.
- 2025-2026: 1.5% increase.
- 2026-2027: 1.5% growth.
- 2027-2028: 1.4% rise year-on-year.
- Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 1.5%.
Future trends to watch include technological advancements in energy production, shifts towards renewable energy sources, and changing regulatory landscapes affecting sustainability and efficiency in energy supply.
