Hundreds of new power projects set to be built over the next five years, including utility-sized solar farms and offshore wind farms, were canceled by their developers in 2025 because of the Trump administration‘s crackdown on renewables, pushback from local communities, and difficulties connecting to the broader grid.
The loss of electricity generation from these scrapped projects could make it more difficult for utilities to meet the growing demand from the advancement of artificial intelligence, particularly as the administration aggressively pushes for the rapid build-out of AI tech to get ahead of China. It could also push up electricity prices further, adding to the recent cost burdens already placed on households nationwide.
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