U.S. may struggle to build power fast enough to meet rising demand, Barclays says

Barclays has warned that the U.S. may struggle to build power infrastructure quickly enough to meet rising electricity demand, due to lengthy permitting processes and slow transmission development. The investment bank argues that policy constraints could prevent the U.S. from adding supply at the necessary pace and scale, particularly when compared to the country's earlier infrastructure buildout.

Barclays estimates that annual transmission capacity growth needs to grow by at least 3% annually to meet future electricity demand, which has slowed significantly in recent years.

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