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Politics : Formerly About Advanced Micro Devices

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To: Maple MAGA who wrote (1195598)1/24/2020 12:51:48 PM
From: Wharf Rat  Read Replies (1) of 1572942
 
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US Demand for Electricity Declined in 2019 & Stagnated for a Decade, but 2020 Capacity Additions Are Wild
by Wolf Richter • Jan 15, 2020 • 92 Comments

Electricity sales in the US isn’t exactly a high-growth business. In 2019, total electricity sales (in gigawatt hours) to ultimate customers are estimated to have fallen; through the first 10 months, according to the EIA’s latest Electricity Monthly, total electricity sales declined 2.9% from the same period in 2018. The only sector to which electricity sales increased – and just by 0.6% – was transportation, a tiny sector covering subways and other electric mass-transit systems. Sales to the other sectors fell, in order of magnitude of the sector: residential (-2.4%), commercial (-2.0%), and industrial (-4.8%).

In terms of annual sales of electricity to ultimate customers from 2008 through 2019, an image of stagnation emerges. Based on the full-year 2019 estimate, electricity sales in gigawatt hours over the 11 years from 2008 through 2019 ticked up only 0.6%, interrupted by some bigger increases and declines in between
wolfstreet.com

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