Story perspectives
Power Demand Soars: AI, Crypto, and Renewables Drive Change
1/14/2026
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Story summary
- The Energy Information Administration (EIA) forecasts power use will rise to 4,256 billion kWh in 2026 and 4,364 billion kWh in 2027.
- The rise is driven by data centers' demand for artificial intelligence and cryptocurrency, and by electricity use at home and in business.
- Residential power sales are forecast to total 1,519 billion kWh in 2026.
- Renewables’ share rises to 28% by 2027 as natural gas and coal decline.
