USA | Will the energy matrix change after Trump's victory?

Summary

Energy consumption is vital for understanding a country's economic, environmental, and social dynamics. This analysis explores key trends in national energy usage in the United States and offers a comparison of energy consumption among its states, highlighting their diverse impacts on the overall trends.

Key points

• Key points:
• Since 2010, the share of coal in US energy consumption has been decreasing, mainly replaced by natural gas. Renewables, on the other hand, have gone from 5.6% of energy consumption in 2010 to 9.2% in the first seven months of 2024, surpassing nuclear or coal in total participation so far this year.
• Five states account for one-third of the nation's energy consumption, with Texas in first place with 14.6% and California in second with 7.3%. They are followed by Florida (4.6%), Louisiana (4.5%), and Pennsylvania (3.9%).
• In terms of renewable energy sources, the states with the highest share of their state consumption are located in optimal areas: for solar energy, the western and southwestern states (Nevada, California and Arizona) and Hawaii, as well as the Atlantic coast, while for wind energy, it is concentrated in the Midwest region (Iowa, South Dakota and Kansas) and its neighboring states.
• Trump's return to the White House is expected to lead to the withdrawal from the Paris Agreement, the reduction of subsidies for renewable energy and electric vehicles established in the Inflation Reduction Act (IRA) of 2022, and the weakening of environmental regulations.

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