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    Home»Stock Market»US Utilities Face Scramble to Meet New Demand
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    US Utilities Face Scramble to Meet New Demand

    October 20, 20241 Min Read


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    US Utilities Face Scramble to Meet New Demand

    Wood Mackenzie Report Warns Industry Unprepared for Sudden Increase in Use of Electricity

    Data from the U.S. Energy Information Administration and Federal Reserve Bank of St. Louis show GDP growth outstripping growth in electricity demand in the first two decades of this century.Data from the U.S. Energy Information Administration and Federal Reserve Bank of St. Louis show GDP growth outstripping growth in electricity demand in the first two decades of this century.

    Data from the U.S. Energy Information Administration and Federal Reserve Bank of St. Louis show GDP growth outstripping growth in electricity demand in the first two decades of this century. | Wood Mackenzie

    Oct 20, 2024
    | John Cropley

    U.S. electric utilities have been caught “flat-footed” by the impending demand for electricity, Wood Mackenzie asserts in a new report. 



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