The artificial intelligence boom, increased clean technology manufacturing and cryptocurrency mining are straining U.S. energy supplies as energy sources struggle to keep pace with rising demand. Rising industrial demand from tech companies — which are operating data centers and training AI models — electric vehicles, manufacturers and emerging technologies like cryptocurrency has created a large uptick in demand for energy generation.
's most recent long-term reliability assessment conducted in 2023 found that there were large, upward-demand shifts for energy in the winters of 2020 to 2023. It also projected that demand in the summer of 2024 would reach its highest level since 2016 and that winter demand would hit its highest level since at least 2015.
The report also flagged several risks to reliable energy supplies in its various transmission regions, with much of the area stretching from Canada near the Great Lakes and Mississippi River south to the Gulf of Mexico marked as a high-risk area for capacity shortfalls in the next four years. Further, most of the states west of the Mississippi and the northeast area were flagged as elevated risk areas.
wrote. added that resource growth is "becoming more challenging" as fossil fuel generation sources are retired and "ore than 83GW of generator retirements are planned through 2033, and more are expected. Generation plans need to consider growing energy needs and grid stability.
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