FT: Exelon CEO Warns of Blackouts as Energy Demand Grows
As energy demand outpaces new generation, utility leaders warn of dire consequences within the coming years. Exelon Chief Executive Officer Calvin Butler recently warned in an interview with the Financial Times that Americans may face blackouts as soon as 2027. Energy demand is dramatically outpacing the capacity of existing grid infrastructure and our the ability to get new forms of generations online. One of the biggest contributors to the added strain has been the development…