Factors Driving Energy Demand

Electrification + Energy-Intensive Industry Growth

Indoor agriculture, EV infrastructure and data centers demand more energy. AI-ready data centers will double every 2.5 years until 2030.

Aging Infrastructure + Grid Upgrades

As of 2023, roughly 70% of lines and transformers deployed on the grid were over 25 years old.

Extreme Weather Events

The average annual cost of climate-driven damages over the last three years was $153.9 billion.

Volatile Fuel Prices

Natural gas in storage will be 4% lower in 2025 and 3% lower in 2026, further increasing prices.