demand growth
Electrical manufacturer trade group NEMA was the latest to release a forecast of electricity demand growth, which shows data centers dominating in the first decade plus, but EVs making up the most from the late 2030s onward.
Dominion Energy Virginia asked for its first base rate increase since 1992 in the face of inflation and load growth in its territory.
The current debate in the U.S. electricity sector pitting efforts to increase renewables against the need for grid reliability in the face of growing demand could be unnecessary and counterproductive, according to one expert.
ISO/RTO leaders explained the issues facing their markets and took some questions from members, with subjects like FERC's independence and the recent capacity price spikes in PJM coming up.
Data centers may be driving electricity demand growth in the U.S., but air conditioning helped drive a 4.3% increase in worldwide demand in 2024.
FERC's State of the Markets report showed lower wholesale energy prices but growing demand and higher capacity prices that signal a need to meet the coming load.
A key New Jersey Senate committee backed two measures seeking to limit the energy that artificial intelligence data centers can take out of the transmission and distribution system.
ERCOT already operates a power system as large as those in several European countries, but demand growth is expected to bring it up to the level of PJM and MISO, which has the industry considering building a new system of 765-kV lines to transmit power around Texas.
The House Energy and Commerce Subcommittee on Energy looked into demand growth, which both parties recognized as an opportunity that could benefit policy changes, though plenty of daylight exists on how to address it.
Facing a 40% hike in electricity demand by 2030, New Jersey needs to rapidly craft a plan on how to boost generation and develop its transmission and distribution system, speakers at a conference on the state’s energy future said.
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