Can flexible electricity loads provide grid benefits? Is new electricity “demand” even real, given the hyper-competitive nature of today’s market? What is the airspeed velocity of an unladen swallow?*
U.S. electricity demand is growing again, driven by large loads from things like cloud data centers and cryptocurrency miners. With the largest facilities over 1 gigawatt of load, states and utilities court these large loads to attract tax revenues and well-paying jobs.
Last week, San Francisco Climate Week provided us the opportunity to host our very own event at Halcyon HQ and enjoy having our distributed team gathered together in the same office. The collaboration was strong, the coffee was hot, the vibes were peak; a real startup experience.
If you think Houston is the Energy Capital of the World, you may have heard of an energy industry get-together called CERAWeek, hosted by S&P Global.
US electricity demand hit its all-time high in 2021, at more than 4,200 terawatt-hours. The US has never used more electricity than it does right now.