The consultancy Bain recently issued a stark warning: unprecedented power demand - driven by the boom in U.S. data centers - will outstrip supply later this decade.
By 2028, Bain expects electric utilities will need to boost annual power generation by as much as 26% from 2023 levels in order to meet surging power demand. That’s far more than any supply increase the U.S. grid has achieved in the past two decades.
