AI and EV Boom To Add 290 TWh of New Electricity Demand in the U.S.
Total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010, but as electrification accelerates, that’s about to change. The build-out of data centers and more widespread adoption of electric vehicles (EVs) is expected to ramp up electricity demand in the US in the coming years, with Rystad Energy’s research predicting these two sectors alone will add 290 TWh of new demand by 2030. Leading up to that point, the growth in electricity demand for data centers will be heavily driven by those…