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Overview
Data

Analysis

Table ET7. Electric power sector price and expenditure estimates, 1970-2024, Minnesota

Table ET7. Electric power sector price and expenditure estimates, 1970-2024, Minnesota
Year	Coal	Natural gas ^a		Petroleum				Nuclear fuel	Biomass	Electricity imports ^c	Total energy ^d
	Coal	Natural gas ^a		Distillate fuel oil	Petroleum coke	Residual fuel oil	Total	Nuclear fuel	Wood and waste ^b	Electricity imports ^c	Total energy ^d
	Prices in dollars per million Btu
1970	0.34	0.26		0.85	0.28	0.74	0.73	—	0.65	1.92	0.34
1971	0.38	0.29		0.94	0.30	0.81	0.83	0.15	0.69	2.07	0.37
1972	0.41	0.40		0.94	0.31	0.81	0.85	0.16	0.72	2.18	0.39
1973	0.39	0.44		1.30	0.31	0.88	1.01	0.16	0.77	2.35	0.40
1974	0.49	0.48		2.23	0.29	1.82	1.87	0.23	0.84	3.18	0.51
1975	0.62	0.64		2.26	0.54	1.95	2.03	0.24	0.92	3.89	0.53
1976	0.69	0.82		2.25	—	1.75	1.97	0.25	0.98	4.15	0.59
1977	0.74	1.11		2.63	—	2.05	2.22	0.27	1.04	4.70	0.66
1978	0.81	1.46		2.64	—	2.04	2.28	0.31	1.12	5.24	0.74
1979	1.01	1.73		3.38	—	2.56	2.84	0.35	1.56	5.73	0.91
1980	1.04	1.99		5.80	—	4.46	4.86	0.44	1.74	6.94	0.97
1981	1.14	2.60		8.00	—	5.46	6.38	0.46	—	8.06	0.96
1982	1.29	3.36		7.21	—	4.65	6.37	0.44	1.28	9.31	1.05
1983	1.38	3.80		6.32	—	3.69	5.96	0.49	1.12	9.32	1.09
1984	1.37	3.73		6.22	—	4.50	6.12	0.53	1.28	9.08	1.23
1985	1.43	3.69		5.97	—	3.99	5.96	0.50	—	9.34	1.32
1986	1.36	2.95		3.91	—	—	3.91	0.50	—	9.27	1.64
1987	1.21	2.08		4.47	—	2.39	4.46	0.51	0.95	8.97	1.17
1988	1.20	1.98		3.69	0.82	2.06	2.07	0.49	0.87	8.84	1.09
1989	1.20	2.15		4.42	0.77	2.13	1.16	0.49	0.88	8.88	1.14
1990	1.25	1.92		5.33	0.76	1.86	1.25	0.48	0.62	8.37	1.12
1991	1.26	1.70		4.63	0.77	2.16	1.09	0.47	0.72	7.20	1.17
1992	1.19	1.84		4.51	0.70	1.47	0.90	0.44	0.61	6.60	1.21
1993	1.13	2.45		4.42	0.71	1.65	0.99	0.41	0.55	6.61	1.21
1994	1.14	2.13		4.20	0.69	—	1.03	0.47	0.54	6.35	1.25
1995	1.14	1.76		4.07	0.69	—	1.17	0.48	0.51	6.21	1.25
1996	1.07	2.17		4.87	0.64	2.34	1.12	0.48	0.41	6.37	1.25
1997	1.09	2.44		4.83	0.65	2.30	1.34	0.47	0.38	6.71	1.35
1998	1.07	2.34		3.53	0.64	1.64	1.06	0.48	0.40	7.87	1.36
1999	1.10	2.66		4.21	0.63	2.12	1.14	0.48	0.40	8.69	1.32
2000	1.11	4.49		6.60	0.33	3.56	1.47	0.45	0.40	16.78	1.87
2001	1.02	5.21		6.68	0.39	3.20	1.50	0.47	0.74	20.47	2.14
2002	1.05	3.74		5.28	0.47	2.50	0.86	0.46	1.00	8.94	1.30
2003	1.08	6.44		5.72	0.49	4.19	1.26	0.44	1.31	13.21	1.37
2004	1.07	7.16		6.95	0.43	4.70	1.25	0.44	1.12	13.84	1.55
2005	1.11	9.20		10.62	0.43	5.07	2.39	0.46	1.14	16.53	2.30
2006	1.21	8.65		13.53	0.49	8.11	2.80	0.46	1.21	17.32	2.47
2007	1.50	7.18		15.87	1.04	6.55	8.87	0.51	1.17	18.25	2.68
2008	1.66	9.11		21.55	1.14	6.53	8.46	0.48	1.32	18.28	2.65
2009	1.64	6.49		13.54	—	5.90	13.19	0.71	1.25	12.10	2.21
2010	1.75	5.96		16.91	—	—	16.91	0.84	2.17	13.31	2.42
2011	1.93	5.88		23.48	—	—	23.48	0.90	2.34	11.53	2.46
2012	1.98	3.71		23.76	—	—	23.76	0.91	2.14	9.51	2.32
2013	2.00	4.66		23.13	—	—	23.13	0.97	2.11	11.49	2.65
2014	1.95	5.82		22.14	—	—	22.14	0.90	2.11	13.31	2.51
2015	1.90	3.62		13.13	—	—	13.13	0.85	2.05	10.54	2.33
2016	2.06	3.05		11.34	—	—	11.34	0.81	2.03	8.74	2.22
2017	2.09	3.81		13.18	—	—	13.18	0.79	1.76	9.18	2.24
2018	2.19	3.47		16.47	—	—	16.47	0.80	0.99	10.74	2.15
2019	2.02	2.92		14.83	—	—	14.83	0.81	2.35	9.20	2.26
2020	1.94	2.58		9.76	—	—	9.76	0.81	0.93	8.38	1.80
2021	2.15	4.46		15.15	—	—	15.15	0.77	0.43	12.82	2.47
2022	2.33	7.54		25.28	—	—	25.28	0.77	1.02	19.84	3.39
2023	2.40	4.94		20.07	—	—	20.07	0.77	1.04	18.72	3.53
2024	2.29	3.04		17.68	—	—	17.68	0.85	1.15	18.82	2.79
	Expenditures in million dollars
1970	43.1	15.3		2.7	0.2	3.9	6.9	—	0.1	0.8	66.2
1971	43.2	12.6		3.2	0.2	3.4	6.8	2.3	0.1	0.9	65.9
1972	48.5	20.6		6.1	0.2	5.0	11.3	6.2	0.2	1.0	87.8
1973	48.9	24.9		7.7	0.4	5.4	13.5	5.6	0.2	1.4	94.4
1974	70.6	18.1		12.4	0.3	8.2	20.9	11.2	(s)	1.9	122.8
1975	84.9	14.2		8.9	0.2	10.4	19.5	25.5	(s)	2.5	146.6
1976	121.5	10.7		11.5	—	11.5	23.0	26.8	(s)	3.5	185.6
1977	165.4	5.6		9.2	—	16.8	26.0	32.3	(s)	8.4	237.7
1978	170.5	2.1		14.0	—	17.0	31.0	38.7	(s)	22.9	265.3
1979	197.4	11.9		9.0	—	12.8	21.8	43.7	(s)	35.8	310.7
1980	230.9	16.0		5.6	—	10.1	15.8	48.6	(s)	24.0	335.3
1981	250.6	14.3		3.7	—	4.5	8.2	51.9	—	2.9	327.9
1982	246.4	11.0		3.7	—	1.2	4.9	50.0	0.1	10.3	322.7
1983	261.6	11.0		3.0	—	0.3	3.3	62.8	(s)	13.0	351.8
1984	285.2	7.4		1.9	—	0.1	2.0	48.3	(s)	30.8	373.7
1985	286.5	4.7		1.7	—	(s)	1.7	61.4	—	85.9	440.3
1986	241.4	5.1		1.4	—	—	1.4	58.0	—	220.9	526.7
1987	284.5	11.8		2.6	—	(s)	2.6	61.2	0.4	73.9	434.4
1988	339.9	10.4		2.8	0.8	0.1	3.7	63.3	1.4	46.3	464.9
1989	360.6	9.7		2.1	3.2	0.1	5.4	56.6	2.8	61.0	496.1
1990	373.7	10.4		2.8	3.3	(s)	6.2	61.2	4.8	49.8	505.9
1991	358.6	10.1		2.4	4.4	(s)	6.9	59.3	4.7	76.6	516.2
1992	332.9	9.1		1.6	4.5	(s)	6.1	50.9	5.0	123.2	527.3
1993	339.1	9.8		2.3	4.6	(s)	6.9	52.0	4.5	151.3	563.6
1994	343.3	12.6		2.6	4.1	—	6.8	59.9	4.4	170.3	597.3
1995	348.7	14.8		3.2	3.2	—	6.4	66.2	4.4	182.0	622.5
1996	332.5	11.6		4.0	4.0	(s)	8.0	60.4	3.6	197.5	613.6
1997	341.1	15.1		7.1	4.9	0.1	12.1	53.9	3.6	229.2	655.0
1998	340.9	31.9		3.8	4.0	(s)	7.8	58.1	3.4	240.3	682.3
1999	334.0	30.7		5.3	4.8	(s)	10.1	66.4	3.3	210.4	655.0
2000	370.2	45.2		9.5	2.2	(s)	11.7	61.2	3.6	487.7	979.5
2001	334.7	56.5		7.7	2.3	1.0	11.1	57.3	4.0	619.7	1,083.3
2002	352.6	49.6		2.9	3.0	0.1	6.0	66.3	7.8	201.6	683.7
2003	395.0	108.4		6.9	3.9	1.1	11.8	60.8	13.5	173.6	763.1
2004	377.2	92.0		5.2	3.0	1.8	10.0	60.7	8.9	290.5	839.2
2005	391.9	241.5		14.3	2.7	2.5	19.6	62.2	10.6	572.0	1,297.8
2006	417.3	217.0		11.7	2.1	1.1	14.9	63.4	10.7	662.7	1,386.1
2007	508.8	251.6		36.5	2.0	2.9	41.3	69.7	20.1	631.8	1,523.4
2008	549.9	229.8		19.6	1.8	1.0	22.4	64.8	23.5	547.4	1,437.9
2009	500.7	155.4		9.6	—	0.2	9.8	92.1	26.1	342.2	1,126.3
2010	506.1	217.1		6.2	—	—	6.2	118.1	52.7	353.4	1,253.6
2011	560.3	167.6		7.0	—	—	7.0	112.4	50.3	312.9	1,210.4
2012	467.5	216.6		8.1	—	—	8.1	114.2	51.9	226.4	1,084.7
2013	488.2	237.2		9.1	—	—	9.1	108.5	42.2	320.5	1,205.6
2014	565.8	184.6		14.9	—	—	14.9	119.4	46.7	326.4	1,257.8
2015	482.1	202.0		4.4	—	—	4.4	106.4	46.0	289.1	1,130.0
2016	496.9	208.9		4.0	—	—	4.0	117.0	46.2	253.7	1,126.6
2017	492.2	196.4		4.3	—	—	4.3	114.4	39.8	227.6	1,074.6
2018	530.2	234.2		7.2	—	—	7.2	121.9	17.6	153.9	1,065.0
2019	376.2	275.2		8.5	—	—	8.5	119.0	22.0	250.7	1,051.5
2020	289.1	240.3		2.9	—	—	2.9	123.5	8.1	83.1	747.1
2021	353.0	453.5		18.7	—	—	18.7	114.1	3.7	124.1	1,067.0
2022	390.9	533.8		14.5	—	—	14.5	118.2	9.1	355.0	1,421.5
2023	316.4	536.0	[R ]	18.1	—	—	18.1	96.4	8.3	422.5	1,397.8	[R ]
2024	272.8	377.7		4.9	—	—	4.9	105.7	9.3	326.4	1,096.7

Footnotes:

^a Includes supplemental gaseous fuels that are commingled with natural gas.

^b Wood, wood-derived fuels, and biomass waste. Beginning in 2006, includes small amount of other biomass liquids that are biodiesel. Prior to 2001, includes non-biomass waste.

^c Electricity imported from Canada and Mexico.

^d There are no direct fuel costs for hydroelectric, geothermal, solar, or wind energy.

Where shown, R = Revised data, — = No consumption, and (s) = Value less than 0.05 million dollars.

Notes: · Expenditure totals may not equal sum of components due to independent rounding. · The electric power sector consists of electricity-only and combined-heat-and-power (CHP) plants within the NAICS 22 category whose primary business is to sell electricity, or electricity and heat, to the public. · Through 1988, data are for electric utilities only. Beginning in 1989, data include independent power producers.

Web page: All data are available at https://www.eia.gov/state/seds/seds-data-complete.php.

Data source: U.S. Energy Information Administration, State Energy Data System. See technical notes. https://www.eia.gov/state/seds/