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2026-09-09T21:32:27.571Z

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US stocks fall amid rising yields

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US to see record electricity use in 2026-27

US to see record electricity use in 2026-27

The U.S. Energy Information Administration's projections indicate that electricity consumption in the United States will reach record levels in 2026 and 2027. This growth is driven by increases in AI data centers and cryptocurrency mining, as well as rising residential and commercial usage as the country shifts toward relying on electricity instead of fossil fuels. It is expected that electricity demand will rise from 4,195 billion kWh in 2025 to 4,270 billion in 2026 and 4,349 billion in 2027, with electricity sales to households, businesses, and industries increasing. Meanwhile, the share of coal will decline from 17% to 14%, and there is a plan to raise the share of renewable energy to 27% by 2027, while the gas share remains constant at 40%. The forecasts also indicate a decrease in natural gas sales for residential and commercial uses, with an increase in its use for industrial purposes and electricity generation.

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