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NEW YORK, June 3 (Reuters) – A record number of mostly gas-fired power plants are expected to connect to the U.S. Midwest grid over the next five years as the area’s electricity demand surges, according to survey results released by the regional grid operator and its member states on Wednesday.
- Data centers and the electrification of buildings and transportation are driving up power demand in the Midwest. Load growth in the middle-America region is forecasting a five-year annual compound growth rate of 3.1% to more than 5%, according to the survey by the Midwest Independent System Operator and the Organization of MISO States.
- Utilities in the MISO grid expect to add roughly 15 gigawatts of new power generating capacity annually over five years, the survey said.
- “The survey results reflect both the scale of the challenge facing the region and the progress being made to meet it,” said Michael Carrigan, President of the Organization of MISO States and Commissioner on the Illinois Commerce Commission.
Reporting by Laila Kearney in New York
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