Focus on Renewable Energy Spurs Concerns Over Supply–Demand Equation
Global electricity demand could increase by 30 percent to 75 percent of current capacity by 2050, according to a US energy agency. The Kayenta Solar Plant in Kayenta, Ariz., on June 23, 2024. In late February, the U.S. Department of Energy announced that it would begin plans to provide $76.5 million in federal financing to the Navajo Nation's Red Mesa Tapaha Solar Farm in southeast Utah. (Brandon Bell/Getty Images) Global electricity demand could increase by 30 percent to 75 percent of current capacity by 2050, according to a US energy...