Utility Dive
Summary
With rising energy demand, wasting power will soon be an unaffordable luxury. High-efficiency long duration energy storage is key to achieving both our climate goals and economic viability.
Explosive growth in electricity demand is poised to consume any surplus that once was wasted. We all know what is coming: Forecasts expect data centers alone to increase their power consumption by 165% in 2030. At that point, 50 GW of the 100 GW of predicted new U.S. peak demand will come from data centers. Combined with broader “electrification of everything” policies and increasingly complex grid dynamics, this growth is triggering a seismic economic shift. Wasting power will soon become an unaffordable luxury of the past.
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