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U.S. Economy and Electricity Demand Growth Linked: Insights from International Utility Conference

This article discusses the correlation between U.S. electricity use and economic growth from 1950 to 2040, highlighting a 3-year rolling average growth rate. It also examines the annual energy use of refrigerators during the same period. The data is presented by Adam Sieminski, Administrator of the U.S. Energy Information Administration (EIA), during the EEI Demand Trends panel at the International Utility Conference on March 12, 2013, in London, UK.

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U.S. Economy and Electricity Demand Growth Linked: Insights from International Utility Conference

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  1. U.S. Economy and Electricity Demand Growth Linked but … for International Utility Conference, Demand Trends Panel March 12, 2013 | London, UK by Adam Sieminski, Administrator

  2. U. S. electricity use and economic growth, 1950-2040 Percent growth, 3-year rolling average Source: EIA, Annual Energy Outlook 2013 Early Release 2011 History Projections Electricity Use 2011 – 2040 average 2.4% GDP 0.9% Adam Sieminski, EEI Demand Trends, March 12, 2013

  3. Annual energy use of a new refrigerator, 1950-2008 Kilowatthours per year Source: DOE / EERE – Building Technologies Office Note: The standards are expressed as the maximum annual energy consumption for a product as a function of the product's adjusted volume. Adam Sieminski, EEI Demand Trends, March 12, 2013

  4. For more information U.S. Energy Information Administration home page | www.eia.gov Annual Energy Outlook | www.eia.gov/forecasts/aeo Short-Term Energy Outlook | www.eia.gov/forecasts/steo International Energy Outlook | www.eia.gov/forecasts/ieo Today In Energy | www.eia.gov/todayinenergy Monthly Energy Review | www.eia.gov/totalenergy/data/monthly Annual Energy Review | www.eia.gov/totalenergy/data/annual Adam Sieminski, EEI Demand Trends, March 12, 2013

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