In its newest brief time period vitality outlook (STEO), which was launched on October 7, the U.S. Power Data Administration (EIA) raised its U.S. complete vitality consumption forecast for 2025 and 2026.
In accordance with this STEO, the EIA sees complete vitality consumption coming in at 95.76 quadrillion British thermal items (qBtu) this 12 months and 96.02 qBtu subsequent 12 months. In its earlier STEO, which was launched in September, the EIA projected that complete vitality consumption can be 95.50 qBtu in 2025 and 95.96 qBtu in 2026.
The EIA’s October STEO confirmed that complete vitality consumption was 94.57 qBtu in 2024. In its September STEO, the EIA highlighted that this determine stood at 94.22 qBtu.
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In its newest STEO, the EIA projected that complete vitality consumption will are available in at 24.01 qBtu within the fourth quarter of 2025, 24.83 qBtu within the first quarter of 2026, 22.51 qBtu within the second quarter, 24.30 qBtu within the third quarter, and 24.38 qBtu within the fourth quarter. The STEO confirmed that complete vitality consumption hit 25.45 qBtu within the first quarter of this 12 months, 22.45 qBtu within the second quarter, and 23.85 qBtu within the third quarter.
In its September STEO, the EIA forecast that complete vitality consumption can be 23.79 qBtu within the third quarter of this 12 months, 24.00 qBtu within the fourth quarter, 24.82 qBtu within the first quarter, 22.48 qBtu within the second quarter, 24.32 qBtu within the third quarter, and 24.33 qBtu within the fourth quarter. That STEO confirmed that complete vitality consumption was 25.43 qBtu within the first quarter of 2025 and 22.28 qBtu within the second quarter.
The EIA projected that U.S. liquid fuels consumption will common 20.47 million barrels per day this 12 months and 20.48 million barrels per day subsequent 12 months in its October STEO. In its earlier STEO, the EIA forecast that this demand would common 20.49 million barrels per day in 2025 and 20.61 million barrels per day in 2026.
The EIA forecast that U.S. pure fuel consumption will common 91.6 billion cubic toes per day throughout 2025 and 2026 in its newest STEO. In its September STEO, the EIA projected that this demand would common 91.5 billion cubic toes per day this 12 months and 91.4 billion cubic toes per day subsequent 12 months.
U.S. renewables consumption was forecast to hit 8.82 qBtu in 2025 and 9.43 qBtu in 2026 within the EIA’s October STEO. The EIA projected that U.S. renewables demand would are available in at 8.78 qBtu in 2025 and 9.38 qBtu in 2026 in its earlier September STEO.
The EIA’s October and September STEOs confirmed that, in 2024, U.S. liquid fuels consumption averaged 20.46 million barrels per day and U.S. pure fuel consumption common 90.5 billion cubic toes per day. In its newest STEO, the EIA confirmed that U.S. renewables consumption got here in at 8.69 qBtu in 2024. The EIA’s earlier STEO confirmed that this consumption was 8.58 qBtu final 12 months.
The EIA famous in its STEOs that renewable vitality contains minor parts of non-marketed renewable vitality that’s neither purchased nor bought, both immediately or not directly, as inputs to marketed vitality. The EIA added within the STEOs that it doesn’t estimate or venture end-use consumption of non-marketed renewable vitality.
In a notice associated to its complete vitality consumption figures, the EIA stated in its STEOs that the conversion from bodily items to Btu is calculated utilizing a subset of conversion elements used within the calculations of gross vitality consumption in EIA’s Month-to-month Power Overview (MER).
The EIA collects, analyzes, and disseminates impartial and neutral vitality info to advertise sound policymaking, environment friendly markets, and public understanding of vitality and its interplay with the financial system and the atmosphere, the EIA states on its web site.
To contact the writer, e mail andreas.exarheas@rigzone.com
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