demand growth
ICF International is projecting another rise in the rate of demand growth as more data centers seek to plug into the grid in the coming years, with a 25% increase from 2023 levels by 2030 and 78% by 2050.
The National Rural Electric Cooperative Association has flown 2,000 member representatives into D.C. to lobby congressional leaders on key priorities for the nation’s co-ops, which this year include passage of permitting legislation and meeting rising demand.
Rapid demand growth within ERCOT was a major point of discussion at the Gulf Coast Power Association's recent Spring Conference.
Two power industry CEOs at the Gulf Coast Power Association’s spring conference offered two different takes on ERCOT load growth over the rest of the decade — and how the sector should deal with a potential doubling of peak demand by 2031.
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.
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