Utah Energy Flows
Energy is a $20.9 billion industry in Utah, generating $656 million in state and local revenues (including $77 million directly for education through the Utah School and Institutional Trust Lands Administration in 2013). There are more than 10,000 direct energy jobs in the state, a total that expands to almost 40,000 when indirect and induced employment is included. Over 98% of the energy produced in Utah is derived from oil, gas, and coal, but unconventional and renewable energy resources provide potential for growth.
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Energy production and use is a complex process involving imports, exports, and conversion of resources from one form to another. Lawrence Livermore National Laboratory has produced the diagram above in order to describe the complex interactions between energy production and use in Utah. Although this figure is based on data from 2008, it provides a good overview of the basis of Utah’s energy economy. From this figure, for example, we can see that coal is a major contributor to Utah’s energy portfolio, and that almost all of that coal is used for electricity production. It should be noted that this figure does not show how much Utah coal or natural gas was exported from the state, nor does it show the fraction of the oil that we use that was imported. Since 2008, renewable wind and solar resources have increased dramatically.
Utah Employment and Revenue
Employment directly related to energy produces earning at a rate almost twice that of other jobs in the state. Energy employment generated $2.853 billion in wages in 2013. The energy sector generated state and local taxes, fees, and royalties of $656 Million in FY2013. (Source: Office of Energy Development)
*Due to the lack of solar-specific codes in the North American Industry Classification System (NAICS), this estimate relies on an approach that may not capture the entire impact of this growing sector.
Utah Energy Production
Utah is a net energy exporter, with total annual production in 2012 of 1,138 trillion Btu. (Source: Utah Geological Survey)
Coal, crude oil, and natural gas collectively account for 98 percent of Utah’s primary energy production. (Source: Utah Geological Survey)
Utah Energy Balance
Utah is a net energy exporter, exporting 31 percent of the primary energy that it generated in 2012. In addition, Utah exported 27 percent of the electricity that it generated. (Source: Utah Geological Survey)
Utah Electricity Generation
Natural gas has significantly replaced coal for electricity generation in Utah since 2004. The decrease in total generation since 2008 as a result of many factors, including the economic recession. (Source: Utah Geological Survey)
Renewable electricity other than hydroelectric accounted for three percent of Utah’s electricity generation in 2014. (Source: Utah Geological Survey)
Utah Crude Oil Production and Petroleum Product Consumption
Utah currently imports approximately 26 percent of the oil consumed in the state, although the imported fraction was almost 75 percent only a few years ago. Petroleum product consumption has roughly tracked population growth, while oil production has increased sharply since 2003.
Utah Energy Production Rank
Utah ranked 14th in coal production, 11th in oil, and 10th natural gas production in 2015 (Source: Energy Information Administration).
Utah Electricity and Natural Gas Prices
As of June 2014, Utah had the second lowest residential natural gas prices in the country.
As of June 2014, Utah’s industrial and commercial electricity prices were the 7th lowest for industrial and 11th lowest for commercial. Industrial electricity prices were 15 percent lower than the national average, and commercial prices were 19 percent lower. (Source: Energy Information Administration)
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