Revista de Management Comparat International (Oct 2023)

An Overview of the USA Energy Market

  • Stelian GRASU,
  • Ruxandra Madalina POPP

DOI
https://doi.org/10.24818/RMCI.2023.4.499
Journal volume & issue
Vol. 24, no. 4
pp. 499 – 512

Abstract

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The USA energy market is a complex and evolving system that profoundly impacts the nation's economy and environmental landscape. This literature review offers a concise overview of the USA energy market, drawing insights from existing research. The review explores energy consumption trends, the diversity of energy sources, the influence of policies and regulations, market competition, pricing dynamics, and the challenges faced by energy infrastructure. The transition towards sustainable and resilient energy solutions in the face of growing demand and climate concerns remains a key challenge. This paper provides a glimpse into the USA energy market's multifaceted nature and its significance for policymakers, stakeholders, and researchers working towards a more sustainable future. In this article, the author tries to make an overview of USA electricity market from market from its appearance until today. The electricity market legislation and the authorities which assure market regulation are identified and presented. Federal and states transport and distribution system is overview and their connection. Finally, it is presented the market situation is shown together with the legal steps which was taken in order to promote the renewable energies.

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