U.S. utilities, especially electricity pricing, are facing growing scrutiny as the rapid expansion of data centers places new strain on the power grid. At the same time, electricity generation growth has slowed since around 2008, even as demand begins to rise again. The energy mix is also shifting. Reliance on coal and nuclear has declined, while natural gas has become the dominant source, now accounting for roughly 40% of U.S. electricity generation, and renewables increasing their share to 24% of generation. As power needs accelerate, driven by both consumers and corporate demand, utilities will need to expand capacity and diversify energy sources to keep up with the country’s evolving electricity requirements.
This graph was produced by Lucas Juery, CFA, CFPⓇ and is not intended to provide financial advice.
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