FRANKFORT, Ky. (Jan. 28, 2020) – Kentucky Energy and Environment Cabinet announced the release of the 2019 Energy Profile prepared by the Office of Energy Policy (OEP)
The web-based publication provides historical and current data about Kentucky’s energy sector, and serves as an impartial point of reference to help all citizens better understand how energy resources are produced, consumed, and their role in Kentucky’s economy.
The Energy Profile is just one tool developed by the OEP to support informed decision-making through comprehensive energy data visualization and analysis. Several highlights from the 2019 Energy Profile are:
In recent years, the energy intensity of Kentucky’s economy has decreased while still supporting economic growth.
Kentucky maintained the seventh-lowest industrial electricity price in the United States in 2018 and the lowest east of the Mississippi River.
- In 2018, 36 percent of the energy consumed in Kentucky went to manufacturing.
- In 2017, on average, $0.09 was spent in Kentucky on energy to produce one dollar of state Gross Domestic Product (GDP).
- Kentucky ranked 13th in energy intensity of GDP.
Kentucky Energy Consumption and Expenditures.
- More than $17 billion was spent on energy in Kentucky in 2017, a 4.6 percent increase from the previous year.
- Natural gas consumption experienced the largest, year-over-year change with a 16.2 percent increase.
- The transportation sector accounted for 49 percent, the largest portion, of energy expenditures.
- In recent years, the gap between industrial and residential electricity consumption has narrowed.
Electricity Generation: Fossil fuels remain Kentucky’s primary resource.
- In 2018, 75 percent of Kentucky’s in-state electricity was derived through the combustion of coal.
- Natural gas facilities were the second-largest source of electricity and generation increased more than 55 percent between 2017 and 2018.
- From 2017 to 2018, net electricity generation increased in Kentucky; this is a deviation from a trend of flat to declining generation in recent years.
Renewable energy is growing, but still constitutes a small portion Kentucky energy production.
- Solar energy production experienced the largest growth rate year-over-year at approximately 32 percent with electricity generation from solar growing by 73 percent.
- In 2018, hydroelectric dominated renewable electricity production, representing 90 percent of renewable electricity generation.