Canary Media: Data centers, bitcoin and EVs send utilities scrambling for more power
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19 Mar 2024
News
The United States is facing a new energy crisis — one that could make the climate crisis even worse.
After more than 30 years of falling or flat demand for electricity, electric utilities are forecasting the nation will need the equivalent of about 34 new nuclear plants, or 38 gigawatts, over the next five years to supply power for data centers, electrification and new industry according to filings made to the Federal Energy Regulatory Commission and compiled by Grid Strategies.
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