eBook | Power surge: can US electricity supply meet rapidly rising demand?
Insights for stakeholders on the future of the electricity grid – from our energy supply chain experts
1 minute read
After decades during which a relatively flat supply-demand relationship prevailed, the US power sector is confronting an unprecedented surge in demand. The electricity industry sits at the centre of national security concerns, the push for economic growth and the need to transition to a more sustainable economy, putting it in a commanding position.
The potential rewards are substantial; however, the obstacles are also considerable. Aside from the sheer velocity and volume of demand growth, the nature of large-load additions from data centres and high-tech manufacturing present challenges that are new to the industry. At the same time, supply chain problems, human resource shortfalls, permitting issues and interconnection delays all create significant bottlenecks. To add to the complexity, the Trump administration’s policies are causing significant disruption and uncertainty for the sector.
From developers and project managers to market analysts, financial forecasters and procurement specialists, a wide range of stakeholders need access to high-quality data and insight to help navigate the rapidly evolving environment. Wood Mackenzie has deep expertise throughout the energy value chain, not only in the power sector but also in related industries, including gas. Our quantitative and qualitative insights are provided by regional experts, who are backed up by the breadth and depth offered by Wood Mackenzie’s global reach.
This short eBook offers stakeholders a clear, concise perspective on the dilemma facing the US power sector, based on proprietary data and analysis from our Cost Intelligence platform and supply chain consulting services.
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To find out even more about how your business can navigate the challenge of rising electricity demand, learn more about Wood Mackenzie's Consulting Services. Our expert consultants can provide bespoke, independent advice that helps you navigate critical challenges to make and execute power sector investment decisions with confidence. Our consulting team is uniquely qualified to help overcome current challenges through our unparalleled repositories of high-quality energy industry data and unmatched experience and expertise across the energy landscape.