US National Power Demand Study
Study Shows Demand for U.S. Electricity Could Grow 50% by 2040
New data reveals the U.S. is facing a historic opportunity: electricity demand is projected to surge 35-50% by 2040, driven by domestic manufacturing growth, data centers, and mass electrification.
A landmark study—conducted by S&P Global Commodity Insights and commissioned by the American Clean Power Association with the support of additional partners (below)—reveals how America’s domestic energy resources must be mobilized to meet this challenge:
- Record-Breaking Growth: The next decade will require more new electricity than any period in our nation’s history
- All-of-the-Above Solutions: Wind power, solar energy, energy storage, natural gas, and nuclear all play critical roles
- Energy Security: Expanding domestic production strengthens our grid reliability and energy future
- Economic Opportunity: Creating jobs, revitalizing communities, and fueling innovation across the country
The path forward requires American ingenuity and market-driven solutions that support reliable, affordable power for families and businesses.
Download the study and the executive summary today for the roadmap to America’s energy future.
More Resources
- Download the one-pager.
- Read the press release.
Disclaimer: The Following Study from S&P Global Commodity Insights was commissioned by The American Clean Power Association (ACP), with the support of its partners: the American Petroleum Institute, Alliance to Save Energy, Clean Energy Buyers Association, Nuclear Energy Institute, the U.S. Chamber of Commerce, and the National Electrical Manufacturers Association.
(PDF download)
