Published on 13 Apr 2024 on Insider Monkey via Yahoo Finance

15 Industries with the Highest Electricity Consumption in the US

In this article, we list and discuss the 15 Industries with the Highest Electricity Consumption in the US. If you would like to skip our detailed discussion of the topic, you can go directly to the top 6 Industries with the Highest Electricity Consumption in the US.

First discovered in the year 1752 by Benjamin Franklin, electricity has now become an essential component of the modern-day world. It also plays a huge role in boosting economic development; so much so that the United States, the largest economy in the world today, ranks second on the list of countries that produce the most electric power.

According to the Energy Information Administration (EIA), in 2023, the US generated approximately 4.18 million Gigawatt-hours (GWh) of electricity at utility-scale electricity generation facilities. For context, utility-scale electricity generation facilities are power plants that have a total electricity generating capacity of at least one megawatt or 1,000 kilowatts (0.001 gigawatts). About 60% or 2.5 million GWh of this electricity was generated from burning fossil fuels like coal, natural gas, petroleum, and other gasses. As for the rest, 21.4% of electricity was generated through renewable energy resources, and 18.6% was generated from nuclear energy.