America’s growing power demand is straining our grid — and consumer wallets. Preventing coal retirements and adding new gas capacity is not enough to close the supply gap. On average, 82% of new U.S. power capacity over the past five years has come from clean energy. Even if every coal plant stayed online, it would meet only ~15% of additional electricity needs. Meeting demand growth with gas alone would require enough capacity added annually to power 11 million homes — but the supply chain can’t keep up. Clean energy is the fastest, most affordable, and most scalable solution currently to keep the lights on and costs down.
A new generation of energy innovation must take place for these technologies to meet the increasing demand.
If the 11 M homes annual gas capacity growth statistic is accurate at the moment, it surely will not be in a matter of months.
Strong breakdown of the numbers. The path forward couldn’t be clearer.