South Africa is not alone in grappling with rising electricity demand and prices or the urgent need for investment in generation and grid infrastructure. In the US, retail electricity rates rose by approximately 6% last year. The country is expected to enter a period of significant demand growth – driven not only by the regular culprits (electric vehicles and residential heat pumps) but also by the US government’s push for industrial onshoring as well as rapid expansion of data centres and artificial intelligence (AI), writes Fereidoon Sioshansi in the February issue of EEnergy Informer.
To read the full article, “Rising electricity demand and prices”, click here.