11 April | Gas

US gas sales to rise this year amid higher electricity consumption — EIA

US gas sales to rise this year amid higher electricity consumption — EIA

According to the US Energy Information Administration (EIA), the nation's gas sales will increase in 2025, reaching 13.2 billion cubic feet per day for residential customers and 9.8 billion cubic feet per day for businesses.

Meanwhile, electricity consumption in the US is expected to hit a record 4.201 trillion kilowatt-hours in 2025. Rising demand is being fueled by cryptocurrency mining facilities and artificial intelligence infrastructure, as well as the increasing electrification of homes and businesses, according to the EIA's most recent energy forecast released on Thursday.

The agency's data shows that natural gas's share of electricity generation will decline from 42% in 2024 to 40% in both 2025 and 2026. In contrast, analysts expect coal’s share to hold steady at 16% in 2025 before falling to 15% in 2026. Renewable energy is set to expand its share from 23% in 2024 to 25% in 2025 and 27% in 2026. The nuclear energy sector is expected to sustain its current 19% share over the same period.

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