Preparing for Future Electricity Demand Growth

It is crucial to note that a doubling of load forecasts over a previously flat growth may not be as significant as perceived. The lack of preparation in building new infrastructure has led to challenges in meeting the increasing demand. Decarbonizing the economy will require substantial demand growth. The current situation serves as a test of commitment towards climate goals and emission reduction. Anticipating the exponential growth in data centers and the electrification trend, utilities should have been proactive in readiness for the surge in electricity demand.