US Energy Sector Stagnates Amid Permitting Delays
America's energy future is stalled due to permitting delays in infrastructure projects. Over 2,600 gigawatts of new generation and storage capacity are waiting in interconnection queues, while 25 major natural gas pipelines await federal approval.
Billions of dollars in investment are ready to move, but these projects remain stalled due to the lengthy permitting process. Meeting the nation's growing energy needs will require significantly more infrastructure, with trends driving sustained growth in demand for both electricity and natural gas.
Data centers consume roughly 4.5% of U.S. electricity today and could account for 9.5-15% by 2030, representing over 40% of electricity demand growth over the next five years.