Featured Story

Investing in the Future: Energy Demand and Production in the United States

To meet future energy demand, the United States will need to revamp its energy infrastructure. Although energy production is at an all-time high in the United States, it still isn’t enough to keep pace with future demand. Innovative solutions will be required moving forward.

By 2050, the United States will need a minimum of 5,178 terawatt hours of energy to keep up with demand. This is an increase from the 4,049 terawatt hours that was required in 2023. The transportation and industrial sector tend to be the most energy-intensive sectors, accounting for 37% and 35% of total energy use, respectively.

If the United States does not meet power demand, several consequences emerge. Fuel cannot be pumped on demand, which can cause severe disruptions to transportation. Supply chains can stall within hours, resulting in an inability to distribute food, medicine and other necessities.

The current power grid is aging and inefficient. In fact, between 2018 and 2022, 5% of electricity transmitted and distributed in the United States was lost annually. One key solution moving forward will be upgrading our power infrastructure. Another solution is to invest in alternative power sources, such as nuclear energy.

The United States has a lot of work to do to meet future energy demand. Investing in more resilient energy production and distribution is key.

Source: ELSCO

Share
Published by
News Edition

This website uses cookies.