Part 3/11:
Future energy demand projections indicate a dramatic increase, especially by 2035, driven by rising consumption from AI developments, electric vehicles, and industrial expansion. The challenge isn't just about producing more energy; it's about efficiently meeting peak demand, which fluctuates drastically during the day, peaking in the early evening when most households and industries are active.
Understanding Peak Demand and Grid Inefficiencies
Most people and policymakers interpret energy needs as a matter of total energy production. However, the key lies in understanding peak demand—the highest level of energy consumption during certain hours. This peak isn't a constant but varies day-to-day and hour-to-hour.