Duke Energy CEO Says AI and Electrification Could Push US Power Demand to Grow 10 Times Faster
Thursday, June 4, 2026
Duke Energy’s chief executive said the rise of artificial intelligence and the broader electrification of the economy could push U.S. power demand to grow at , underscoring how quickly utilities are being forced to rethink long-term planning. The comments, reported by Bloomberg, place Duke among the major power companies preparing for a surge in electricity use from AI data centers, factories, and other new sources of demand.