U.S. energy consumption growth decreases in the near term in the latest AEO

U.S. energy consumption decreases in the next several years before increasing again in the early 2040s through 2050, according to our recently published Annual Energy Outlook 2025 (AEO2025). U.S. energy consumption in 2050 is lower than in 2024 in most of the scenarios we explore in AEO2025, but the range of outcomes varies significantly based on the underlying assumptions.