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US Power Demand Set to Hit Record Highs in 2026-2027 Driven by AI, EIA Says

US power consumption is projected to reach record levels in 2026 and 2027, primarily due to the increasing demand from AI-driven data centers and broader electrification efforts, according to the US Energy Information Administration's (EIA) Short-Term Energy Outlook.

US power consumption will rise to record highs in 2026 and 2027, driven by AI-hungry data centers and electrification, the US Energy Information Administration said in its Short-Term Energy Outlook (STEO) on Tuesday. The EIA projected power demand will rise from a record 4195 billi…