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Analysis & Forecasts

Americas

January 2018

United States

With the US expecting one of its coldest winters on record this year, electricity demand between December 2017 and February 2018 is forecast to rise by 4% year on year, to an average of 10.78 TWh/d, according to the Energy Information Administration. Consumption in 2018 as a whole is projected to grow by 1.5% year on year, to an estimated average of 10.62 TWh/d.

Record-breaking winter temperatures across the United States sent electricity prices to new highs in late December and early January. This winter...