RECORD ENERGY USE DEMANDS AN ALL-OF-THE-ABOVE APPROACH

(NewsUSA) - U.S. energy demand is surging at an unprecedented rate. With economic growth, technological advances, and industrial expansion, our country’s energy demand is projected to grow by between 35% and 50% by 2040, potentially outpacing supply growth.

Much of this expected demand growth is projected to come from large-scale economic drivers like data centers and manufacturing facilities. While these projects typically take two to three years to construct, new power generation can take five years or more to come online. Failing to meet increased demand with increased generation could stifle economic growth, hamper technological innovation, and raise energy consumer costs.