Report 12 Jun 2025

Market Trends: American Power at a Crossroads

The U.S. faces a growing gap between power demand and available infrastructure, exacerbated by aging assets and rising electricity needs. Maintaining economic competitiveness, particularly in light of accelerating AI adoption and the reshoring of advanced manufacturing, requires urgent investment in distributed and utility-scale energy projects. Congress can ensure we meet this need while not raising power prices for American families and businesses.

Report By Jonah Goldman, Logan Goldie-Scot and Maya Kelty

Jonah Goldman

Head of External Affairs and Impact

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Our latest report builds on previous Generate: Intelligence market analysis to examine the needs and opportunities of the U.S. energy infrastructure landscape within the context of the ongoing conversations about the budget reconciliation bill. A few key findings include:

  • There is a significant need for investment in infrastructure over the coming decade to keep pace with demand growth and replace retiring assets. A $3.7 trillion funding gap exists. If federal funding declines, this gap will increase. 
  • Solar, wind and batteries contributed 94% of new capacity additions in the U.S. last year. These projects are the fastest and most economic technologies to deploy, and are needed to secure competitive industries while ensuring reliability and affordability.
  • The average American household will see their bills increase by 7% in 2026, with some facing increases as high as 21.3%. American businesses will face increases as high as 31%. These price hikes risk undermining global leadership on technology and manufacturing. 

While our view is consistent with industry voices and our own past reporting, we believe it’s important to ground it in data. Meeting the current moment for American power calls for policy and investment approaches that are pragmatic, timely and rooted in infrastructure realities.

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Market Trends: American Power at a Crossroads

Our latest report builds on previous Generate: Intelligence market analysis to examine the needs and opportunities of the U.S. energy infrastructure landscape within the context of the ongoing conversations about the budget reconciliation bill. A few key findings include: While our view is consistent with industry voices and our own past reporting, we believe it’s

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