Our demand for energy is NOT increasing, at least not in the US. Demand has flatlined since 2007 and more efficient appliances, bulbs, etc are to blame. I have TVA and they have been egregiously self-sabotaging their own solar program in all sorts of ways because the dang sun is a threat to their monopoly and would cut into their revenues. And renewables are so much cheaper, TVA has shifted $1.4 billion of their operating costs from large industrial to residential customers to further disincentivize their switch.
Honestly it's outrageous.