EPSA
As America’s economy grows and electrification accelerates—from transportation to manufacturing to AI-driven data centers—the nation’s demand for electricity is rising at a pace not seen in decades. Meeting this surge in power demand is not optional, it’s essential to support economic growth, public safety, and the evolving needs of consumers.
Ensuring that electricity remains reliable and affordable in this new era requires innovative, scalable solutions. Competitive power markets have a proven track record of delivering these solutions efficiently. By fostering open access, investment diversity, and price transparency, these markets attract private capital to deploy advanced, cleaner, and more flexible generation technologies—precisely when and where they’re needed.
The Electric Power Supply Association (EPSA) champions the value of these markets in rising to the challenge, and our member companies are deploying the private capital needed to meet the moment. With a focus on accountability, performance, and cost-effectiveness, competitive market structures ensure that Americans benefit from a resilient grid capable of supporting long-term growth.
Co-locating power generation resources with large demand customers has emerged as an innovative and promising approach to address the growing energy needs of data centers and other large energy users. Getting the particulars right and carefully assessing surrounding market ramifications is essential, said EPSA President and CEO Todd Snitchler in a statement on the Federal Energy Regulatory Commission Conference on Co-Located Load.
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In a recap of the June 4 House Energy & Commerce Committee subcommittee hearing discussing projected growth in electricity demand due to the expansion of artificial intelligence (AI), we offer insight on what’s needed from policymakers to face rising demand.
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Rapidly growing electricity demand driven by data center growth and AI will require vast amounts of new reliable power generation. Policies to enable a competitive energy expansion will be critical to meet the moment.
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Senior leaders representing labor, business, and regulators spoke at EPSA’s 2024 Competitive Power Summit to discuss the aggressive rise in forecasted load growth for the first time in decades—and the need for better policies to meet that demand reliably.
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