Surging Electricity AI Demand Cripples Power Grid as Renewable Growth Slows

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that electricity prices in the U.S. have surged—rising 10% nationwide and up to 20% in the Northwest. He cites skyrocketing demand driven by increased air conditioning usage and the rising energy consumption of artificial intelligence. McIntyre also notes that while renewable energy sources like wind and solar once showed promise, current financing for them is shrinking, slowing their growth and further pressuring electricity markets.