Fast forward: Electricity demand expected to grow 25% by 2030
In large part due to Å·²©ÓéÀÖ rapid spike of data center growth, forecasters have engaged in a continuous cycle of raising projections over Å·²©ÓéÀÖ past two years to match Å·²©ÓéÀÖ reality of accelerating electricity demand growth.
Our analysis shows that U.S. electricity demand is expected to grow 25% by 2030 and 78% by 2050 from 2023 levels. Similarly, we expect U.S. peak electricity demand to grow 14% by 2030 and 54% through 2050. This is a dramatic increase—not just from historical growth over Å·²©ÓéÀÖ past two decades, but also from Å·²©ÓéÀÖ future growth projections we made as recently as last year.
Get Å·²©ÓéÀÖ full report for new data and insights on demand growth, Å·²©ÓéÀÖ potential impacts, and recommendations for grid stakeholders.
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