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October 20, 2024
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US Utilities Face Scramble to Meet New Demand
Wood Mackenzie Report Warns Industry Unprepared for Sudden Increase in Use of Electricity
Data from the U.S. Energy Information Administration and Federal Reserve Bank of St. Louis show GDP growth outstripping growth in electricity demand in the first two decades of this century.
Data from the U.S. Energy Information Administration and Federal Reserve Bank of St. Louis show GDP growth outstripping growth in electricity demand in the first two decades of this century. | Wood Mackenzie
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U.S. electric utilities have been caught “flat-footed” by the impending demand for electricity, Wood Mackenzie asserts in a new report. 
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