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Rystad: Balancing Natural Gas and Renewables Key to U.S. Energy Future ...Middle East
The US power sector is undergoing a significant transformation this year, with electricity consumption projected to exceed 4,200 terawatt-hours (TWh) for the first time. Although just a 2% increase from 2024, this is a sign of things to come, highlighting the evolving power landscape driven by surging demand from data centers and a shifting energy mix integrating traditional and renewable sources. Data centers are at the heart of this transformation, with capacity standing at 22 gigawatts (GW) at the end of 2023, representing nearly 40% of global…
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