US power consumption forecasted to hit record levels in 2025 and 2026
The US Energy Information Administration (EIA) has forecast that power consumption in the United States will reach record levels in 2025 and 2026. The surge is attributed to the growing electricity demand from data centres focused on artificial intelligence and cryptocurrency, alongside increased usage in homes and businesses for heating and transportation, as reported by Reuters. The EIA projects that power demand will rise to 4,179 billion kilowatt-hours (kWh) in 2025, and increase further to…