Search results for U.S. Energy Information Administration
Industry
AI drives U.S. power demand to record highs, outlook shows
U.S. electricity demand is expected to set consecutive records in 2026 and 2027, driven by expanding AI data centres, growing cryptocurrency infrastructure and electrification of heating and transport, according to an outlook cited by Cryptopolitan. The U.S. Energy Information Administration forecast demand rising from 419.5 billion kWh in 2025 to 435.6 billion kWh in 2027. It also expects higher wholesale power prices in 2026, with regional differences.
Mobility
U.S. EV sales drop after tax credit ends, power demand also shifts
Electricity used by electric vehicles in the United States continues to rise, but the pace of growth has slowed markedly, a report said, citing U.S. Energy Information Administration data. Power use by light-duty EVs rose 8 percent in the first half of 2026 from the second half of 2025, below recent half-year growth of 13 to 24 percent. The slowdown coincided with weaker sales after federal EV tax credits ended.
Crypto
U.S. signals release of up to 40 million barrels from SPR, possible ripple effects on bitcoin
The U.S. Department of Energy has issued a tender notice to swap up to 40 million barrels of crude from the Strategic Petroleum Reserve, raising expectations of possible indirect effects on risk assets such as bitcoin even before physical deliveries. The tender closes on Oct. 6, with deliveries planned for November and December if swaps are concluded. The notice is part of an earlier plan covering 172 million barrels and does not add new supply by itself.
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AI & Enterprise
U.S. House to vote on bill to curb AI data center-driven power bill hikes
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Crypto
Bitcoin rebound driven by whales and ETFs; $69,000 is pivotal
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Crypto
Bitcoin miners face U.S. grid test as power demand rises, flexibility proof key by 2027
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Crypto
Oil prices ease but gasoline inflation lingers; July U.S. CPI seen as turning point for bitcoin
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Crypto
When will bitcoin\'s real rally come? Key is Iran-U.S. 60-day talks
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AI & Enterprise
US big tech turns back to gas power to run AI data centres