Global Electricity Prices in 2018

The United States ranks 14th in terms of energy pricing, rising one place in the World Energy Council rankings. That means that while America is ahead of some less developed nations, we still have plenty of catching up to do. The United States earned top marks in both energy equity and energy security, but was held back by its low ranking in environmental sustainability.

Energy is easily accessible and affordable across the United states. Gifted with an abundance of natural resources, the United States’ energy grid is able to meet demand with ease, providing reliable energy infrastructure. A lack of renewable forms of energy and an over reliance on fossil fuels and other carbon-intensive forms of energy production.

The rapid growth of American shale has had a drastic impact on the United States. The Energy Information Administration estimates that the country has more than 2.4 trillion cubic feet of recoverable natural gas. Combined with significant boosts to domestic oil and gas production, the United States will rely on foreign sources of energy less and less. Despite U.S. federal policy moving in favor of coal production, many states and energy grids are moving towards more renewable forms of energy, pledging higher levels of clean energy and an overall reduction in greenhouse gases.

Continued improvements are important, but the nations of the world aren't standing still. If America wants to catch up to other countries that are serious about sustainability, more climate related commitments from local, state, and federal agencies are needed.

Read the full report: https://www.worldenergy.org/publications/entry/world-energy-trilemma-index-2018