US National Power Demand Study
Executive Summary 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 coming later this month—conducted by S&P Global Commodity Insights and commissioned by the American Clean Power Association with the support of additional partners (below)—will reveal 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 summary’s executive summary today for the roadmap to America’s energy future. The full report will be released in the coming weeks.
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)
