Posted 3/7/2024, 11:49:00 PM
Surging Energy Demand from Tech Growth and Retiring Power Plants Strain U.S. Electricity Supplies
- AI boom, clean tech manufacturing, crypto mining driving up energy demand, straining supplies
- Retirement of fossil fuel plants plus rising demand creating capacity shortages, reliability risks
- Electrification, EVs, tech data centers spurring highest growth in demand since 2014
- Over 80GW of power plant retirements planned through 2033, challenging grid stability
- Emerging technologies like crypto mining lacks energy use data, concerning regulators amid supply strains