Over the past few years, dozens of pundits and industry experts have laid out prognostications that the ongoing Fourth Industrial Revolution will drive unprecedented electricity demand growth in the United States and globally.
has projected that power demand in the summer of 2024 will hit its highest level since 2016 while winter demand will hit its highest level since at least 2015. 'The is currently forecast to have its highest demand and energy growth rates since 2014, mainly driven by electrification and projections for growth in electric vehicles over this assessment period,'
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