"By 2050, power demand in the United States will increase by 50%. Factors such as the rapid adoption of electric vehicles and AI drive this boom in demand, with electric vehicles alone adding an extra 100 to 185 terawatt hours to national electricity demand by 2030. Unfortunately, the current power grid is not prepared to meet this demand. In fact, 70% of transmission lines in the United States are reaching the end of their life."
"Additionally, roughly 55% of residential power transformers are nearing the end of their life, with most transformers being over 40 years old. In order to meet future energy demands, transformer capacity may need to increase between 160 to 260% by 2050 (compared to 2021 levels). This will require a massive overhaul. Replacing the entire grid would cost close to $5 trillion, and equipment prices only continue to increase."
The United States faces a projected 50% increase in electricity demand by 2050 driven by rapid adoption of electric vehicles and AI. Electric vehicles alone could add 100 to 185 terawatt-hours by 2030. Approximately 70% of transmission lines and 55% of residential transformers are nearing end-of-life, with many transformers over 40 years old. Transformer capacity may need to grow 160–260% by 2050 compared to 2021. Full grid replacement could cost nearly $5 trillion while equipment prices rise. Investing in alternative energy sources and using domestic supplies can improve resilience, lead times, and equipment quality.
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