The Coming Electricity Crisis

Historically, electricity consumption in the United States has grown with the gross domestic product (GDP). This makes sense: The wealthier Americans became, the more stuff they bought, and more energy was needed to make the stuff.

But twenty-five years ago, electricity demand became flat like the Kansas horizon while the U.S. GDP grew 60% over the same period. Efficient lighting played a role in flattening the load curve, but the primary reason that demand stalled while we got richer was that the stuff Americans bought was increasingly made abroad, in China and Mexico.

Now, America is experiencing four drivers of electricity demand that will balloon demand beyond anything seen even before the plateau of the past 25 years.

1. Data centers and artificial intelligence;
2. Resurgence of manufacturing;?
3. Adoption of EVs; and
4. Electrification of cooking ranges and heating systems.

“The cumulative impact of these drivers could result in US electricity demand growth of anywhere between 4% and 15% through 2029,” writes Chris Seiple, Vice Chairman, Energy Transition and Power & Renewables, at Wood Mackenzie, the country’s leading energy consulting firm. “Indeed, this growth may not materialize – not because it does not exist, but because utilities cannot move quickly enough.”

In short, we are running headlong into an electricity crisis.

Nanogrids like YouSolar’s PowerBloc are the solution for residential and business demand. To shore up the electricity system, we need solar generation, energy storage, and high power for homes and businesses on the “grid edge.” That is what the PowerBloc does.

The ability of nanogrids to deliver clean and reliable power and solve part of the challenge is great for America and fantastic for YouSolar investors.?

An Electricity Crisis Is Coming

We Have a Solution

Invest in YouSolar

Invest in the Future of Power