NEMA says U.S. annual electricity consumption will rise more than 55% by 2050; data center power use may jump 300% over the next 10 years
According to an updated electricity demand forecast from NEMA, U.S. annual electricity consumption will increase by more than 55% by 2050, with the fastest growth concentrated in the current decade; data center power use is expected to rise 300% over the next 10 years. The same forecast also says electricity’s share of U.S. final energy consumption will rise from 18% to 28%, electric transportation energy use could grow 2,000% by 2050, and energy storage, wind and solar generation are expected to increase 300%.