U.S. Electricity Demand for 2024 Likely Peaked in July ...Middle East

U.S. power generation and electricity demand have risen this year to the highest in at least three years but the 2024 demand likely peaked in July amid peak air conditioning and cooling consumption, Reuters columnist Gavin Maguire reports, citing data from LSEG. U.S. power generation in the Lower 48 states rose by 3.4% between January 1 and August 26 compared to the same period of 2023, according to the LSEG data. The total generation of 115 million megawatt hours (MWh) was also the highest power the Lower 48 has generated since at least 2021,…

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