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U.S. electricity use hits new high from AI
The U.S. Energy Information Administration expects electricity consumption in the United States to reach new record levels in 2026 and 2027, driven by increased demand for data centers dedicated to artificial intelligence and cryptocurrencies, as well as expanded electricity use in homes and businesses. The demand is projected to rise to 4.288 trillion kilowatt-hours in 2026 and 4.356 trillion in 2027, with wholesale electricity prices increasing to an average of $52 per megawatt-hour in 2026—an 11% rise from 2025. Additionally, the share of renewable energy is expected to continue growing, while the share of coal will decline. The natural gas share will stabilize at 40%, amid declining gas sales and changes in the proportions of other energy sources.
Notice: This Is an AI-Generated Summary
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