A dramatic demand for electricity, together with an increase in costs, could create massive energy challenges for the United States for the next two decades, A new report Posted on Tuesday by ICF Found.
The Global Consulting and Technology Services Company predicted that demand for electricity could jump at least 25% in the next five years and up to 78% by 2050, the findings that exceeded historical tendencies over the last two decades. The report said that this growth could have a significant impact on both reliability and electricity accessibility. Detail costs are also expected to increase; By 2050, past consumer costs could bend, ICF was found.
“This is a fundamental time, as increasing demand creates urgent challenges for the network,” said Anne Choate, an executive vice president of the ICF of Energy, Environment and Infrastructure in a statement.
The United States could fight with increasing demand for electricity due to increasing temperatures and increasing use of emerging technologies, which is based on an overloaded system. The report found that in Texas, almost a third of the expected increase, it can be attributed to large sources of load, such as cryptocurrency mining operations. Data centers, electrification construction and semiconductor manufacture, along with electric vehicles, represent 35% of the projected load through 2040 in 13 Middle Atlantic and Midwest states, as well as Washington, DC.
Network electrical operators in all the United States have sounded alarm in advance of high summer temperatures after last year’s record heat. World weather organization said in its annual Report on global climate that by 2024 set up a new global Temperature Registrationwith an average of more than 1.5 degrees Celsius above pre -industrial levels. The National Meteorological Service posted a report last week Prediction of hotter temperatures than normal throughout the United States from June to August.
PJM, one of the largest electricity operators in the country, which serves 67 million people in states such as North Carolina, Pensilvania, Virginia of the West and Michigan, warned customers at A statement May the system experience high demand this summer.
“This perspective in a record heat scenario reflects our concerns over the years and that we plan sufficient resources to maintain network reliability,” said AFTAB Khan, executive vice president of PJM operations, planning and security, in a statement. The operator emphasized that he had adequate resources to respond to the demand and said he has unusual scenarios and would react to them to “protect the offer of electricity”.
Electricity costs are also expected to increase and exceed inflation, and experts predict a 6% leap by 2025, an average of $ 784 per home for the summer period. This would mark a 12 -year record, according to a new analysis of the National Association of Energy Assistance. Homes are not only expected to pay higher prices for electricity, but probably will consume more than last summer due to the need for more cooling.
Neada’s executive director Mark Wolfe CBS News Moneywatch“When electricity prices increase, they usually keep them high.”
contributed to this report.