Power use drops in the United States

subscribe

A recent drop in the use of electricity in the United States has utilities concerned.

Utility companies rely on an annual growth of about 1 percent to 2 percent in electricity consumption for their businesses. However, recent trends have shown a decrease, the Virginian-Pilot reported.

Decreasing consumption could change how utilities operate and their plans for the future.

Utilities are expected to invest $1.5 trillion to $2 trillion by 2030 to modernize their systems and meet future demand, according to an industry-funded study by the Brattle Group. If electricity demand continues to decline, however, utilities would be forced to make significant adjustments in their investment plans or build too much capacity.

Related News

georgia power

City officials take clean energy message to Georgia Power, PSC

ATLANTA - Savannah is among several Georgia cities that have led the charge forward in recent years to push for clean energy. Now, several of the state's largest municipalities are banding together to demand action from Georgia's largest energy provider.

Hearings regarding Georgia Power's Integrated Resource Plan (IRP) happen every three years, but this year for the first time the cities of Savannah, Decatur, Atlanta and Athens-Clarke and DeKalb counties were at the table.

"It's pretty unprecedented. It's such an important opportunity to get to represent ourselves and our citizens," said City of Savannah Energy Analyst Alicia Brown, the Savannah representative for…

READ MORE
new daimler electric vehicles

Daimler Details Gigantic Scope of Its Electrification Plan

READ MORE

china electric bus

Why electric buses haven't taken over the world—yet

READ MORE

hydro one

Hydro One and Alectra announce major investments to strengthen electricity infrastructure and improve local reliability in the Hamilton area

READ MORE

gas fired electricity station

Balancing Act: Germany's Power Sector Navigates Energy Transition

READ MORE