Utility Dive•6 days ago
CenterPoint peak load to jump 50% by 2029 — 2 years earlier than previously expected
- •CenterPoint Energy's peak load is now projected to increase by 50% by 2029, two years sooner than prior estimates, and is on track to double by the mid-2030s.
- •This accelerated demand growth signals significant, urgent opportunities for new generation development (across all technologies) and energy storage projects within CenterPoint's service territory.
- •Large power consumers should anticipate increased competition for grid capacity and potential upward pressure on power prices, necessitating proactive long-term power procurement and grid connection strategies.
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