"Electricity bills are rising in the US - and politicians are mostly blaming either renewable energy or data centers and AI. But do either of those really explain the problem? Recent research points to a slew of other factors, including delays in bringing new energy sources online, an aging grid, extreme weather, and supply chain challenges. But with new technology and reforms, there might still be a way to come back from this."
"Business Insider producer Elizabeth McCauley sifts through the noise and talks to experts to find out the truth. If you want to check out the sources that informed this video, check out this reading list."
Electricity bills have risen across the United States. Many politicians attribute the increase to renewable energy deployment or the power demands of data centers and AI, but research identifies multiple other drivers. Key contributors include delays in bringing new generation online, an aging transmission and distribution grid, extreme weather increasing demand and causing outages, supply-chain bottlenecks that raise project costs and slow deployment, and volatile fuel and wholesale market conditions. Targeted investments in grid modernization, accelerated permitting, diversified generation portfolios, and supply-chain resilience can reduce costs and better integrate low-carbon resources.
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