In 2023, the GDP Energy Intensity in the US stood at approximately 99.88 kilograms of oil equivalent per thousand US dollars, PPP from 2011. Forecasts indicate a steady decline in energy intensity, with values projected to decrease annually by about 2% to 3% through 2028. This trend reflects ongoing improvements in energy efficiency and shifts towards less energy-intensive economic activities. The compound annual growth rate (CAGR) over the five-year period (2024-2028) is expected to be around -2.17%.
Future trends to watch for include:
- Continued advancements in technology aimed at reducing energy consumption.
- The impact of policies promoting renewable energy and energy efficiency.
- Potential economic shifts that could either hasten or slow the decline in energy intensity.
