December 26, 2024

demand growth

Lawrence Berkeley National Laboratory
Berkeley Lab: Data Centers Could Need 12% of US Power by 2028
Data centers voracious appetite for electricity could spike more than threefold over the next four years, rising from 4.4% of U.S. power demand in 2023 to as high as 12% in 2028, according to the Lawrence Berkeley National Laboratory. 
Joint Legislative Audit and Review Commission
Virginia Legislature Report Tackles How to Meet Surging Demand from Data Centers
A report from the Virginia legislature released shows how quickly data centers are growing in the state and addresses how to meet that demand, with some suggestions for policymakers.
Shutterstock
EPRI Launches DCFlex Initiative to Help Integrate Data Centers on the Grid
EPRI launched its DCFlex initiative, which is meant to maximize demand flexibility from data centers to help them more quickly plug into the grid and provide demand response for emergencies.
Wood Mackenzie
US Utilities Face Scramble to Meet New Demand
U.S. electric utilities have been caught “flat-footed” by the impending demand for electricity, Wood Mackenzie asserts in a new report. 
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Overheard at GCPA’s 39th Annual Fall Conference
The Gulf Coast Power Association again reported a record attendance for its annual Fall Conference and discussions on the industry’s future, emerging grid technologies and Texas’ 2025 legislative session.
Bipartisan Policy Center
Nvidia CEO Huang Explains What’s Behind AI’s Energy Demand
Nvidia CEO Jensen Huang explained why AI is driving such high demand for electricity and how it could benefit the power grid, and society more generally, in the near future.
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Dominion CEO Says Virginia Well Poised to Meet Growing Demand
A growing economy driven by new data centers has demand surging in Dominion Energy’s utility territory, CEO Robert Blue said in a speech.
ICF
ICF Report Forecasts Significant Demand Growth This Decade
ICF International forecasts that demand could increase by 9% by 2028, while peak demand could increase by 5% over the same period, according to a report it published.
Duke Energy
Duke Energy Executives Discuss Demand Growth on Q2 Earnings Call
Duke Energy executives highlighted how the return to load growth is impacting its utilities during its second-quarter earnings call with analysts. 
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Demand Growth Takes Center Stage at NARUC Summer Policy Summit
The return to demand growth in the electric power industry has been a major theme this year, and it dominated the discussion at NARUC's Summer Policy Summit.

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