2026 Power and Utilities Industry Outlook

In 2023, data centers alone consumed about 4.4 % of total U.S. electricity, a share projected to rise to as much as 12% by 2028, equivalent to 130 gigawatts of new demand. U.S. generation fueled by coal increased by 13% in 2025 to 731 BkWh due to cold temperatures in some regions and because of […]