U.S. Power Demand Rockets, Grid Expansion Costs Follow Suit
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Author:小编   

By 2026, the United States is set to witness a record-breaking expansion in its power generation capacity under construction, reaching a staggering 86 gigawatts (GW). Photovoltaic (PV) systems will dominate this growth, accounting for 51% or 43.4 GW of the total, marking a significant 60% year-on-year surge. Nevertheless, the construction costs of various power plants have skyrocketed, fueled by a confluence of factors. These include a sharp rise in electricity demand driven by artificial intelligence data centers, delays in equipment delivery, sluggish approval processes, escalating tariff costs, and grid interconnection queues that extend over several years.