US power use is expected to reach record highs in 2026 and 2027, according to the EIA. This surge in demand is largely driven by the increasing use of electricity in homes and businesses, as well as a shift away from fossil fuels.

Data centers dedicated to AI and cryptocurrency are also contributing to the rising demand for power. As the use of AI continues to grow, it is likely that power consumption will remain high.

Further information on this trend is available from the EIA, which has analyzed the factors driving the increase in power use.