U.S. Energy Information Administration

Built World

Issued the May 2026 forecast

Coal has powered Texas for most of the past century. In 2026, for the first time on record, utility-scale solar is forecast to outproduce it for the full year in the Electric Reliability Council of Texas.

Updated 1 hour ago

Built World

Primary source of U.S. electricity generation data

For most of modern American history, coal generated the majority of the nation's electricity — roughly half of every kilowatt-hour consumed from the 1950s through the 2000s. In 2022, renewable sources surpassed coal-fired generation on an annual basis for the first time. By 2023, renewables produced about 22% of U.S. electricity while coal had fallen to 16%, a gap that is accelerating year over year.

Updated Apr 15

Money Moves

Primary source of current price forecasts

Brent crude averaged $80 per barrel in 2024. The U.S. Energy Information Administration now forecasts it will fall to $58 in 2026 and $53 in 2027—a decline of more than one-third in three years. The reason: global oil production is growing faster than demand, and inventories are piling up at a rate not seen since the pandemic.

Updated Feb 11