Rising Power Demand Reshapes Economics as Natural Gas Plant Retirements Stall

The sun sets behind utility lines during high temperatures in Columbia, South Carolina, US, on Monday, July 28, 2025. Nearly half the US will wilt under hot, sticky conditions through the bulk of the week as temperatures and humidity soar from Chicago to New York City and New Orleans, boosting power demand and raising health risks. Photographer: Sam Wolfe/Bloomberg — Electrification is set to drive a new wave of U.S. power demand. (Bloomberg)

Michelle Thompson

May 21, 2026 02:11 PM CDT

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