US electricity demand projected to grow at 4% CAGR through 2030
NEE NextEra Energy Inc
$77.38 +0.01%
View chart & analysis → - 1Bernstein Societe Generale Group projected a 4% compound annual growth rate for US electricity demand through 2030.
- 2Data centers are expected to account for more than half of the 1,000 terawatt-hours (TWh) of additional US electricity demand between 2025 and 2030.
- 3The 1.2% compound annual growth rate of US electricity demand since 2019 is higher than the 0.3% compound annual growth rate since 2000.
So what's the key point?
Electricity usage in the US is expected to increase by 4% every year. Since data centers are expected to use more than half of this growing electricity, the related industry has become important.
Source Investing.com · View original ↗
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