Forecast: GDP Energy Intensity (in Primary Energy) in the US

In 2023, the GDP energy intensity in the US stood at approximately 4.05 megajoules per US dollar (PPP 2011). Forecasts from 2024 to 2028 indicate a consistent year-on-year decrease in energy intensity:

  • 2024: 3.97, a reduction of 1.98% from 2023.
  • 2025: 3.88, a further reduction of 2.27% from 2024.
  • 2026: 3.78, down by 2.58% from 2025.
  • 2027: 3.69, a decline of 2.38% from 2026.
  • 2028: 3.6, decreasing by 2.44% from 2027.

The compound annual growth rate (CAGR) for GDP energy intensity over these five years is approximately -2.33%.

Future trends to watch for include technological advancements in energy efficiency, regulatory changes, and shifts in industrial practices aimed at reducing energy consumption, potentially accelerating the decline in energy intensity further.

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