Left implied in the original post, but let's make it explicit: we also want folks to switch from ICE to EVs, and the grid is going to have to increase capacity by an
order of magnitude to service all of those. We can't yell "EVs are the future" without understanding that that also means we need
vastly more electric power than there is today if we also want people to be able to rely on having power at all times. Because EVs don't charge "throughout the day", they get plugged in at night, all at the same time, and good luck with that on the current grid.
Even if 40GW per year gets us to the current coverage in a hundred years, that's not the target. The target needs to be 400GW a year _at the very least_ and realistically it needs to be a terawatt+ if we want to see it happen in our lifetime.
The target isn't today's grid capacity, nor today's usage. It's the one we can expect 50 years from now. Because public infrastructure gets updated at a glacial pace, and charged at "take what we quoted you, double it, then double it again because lol bribes that you can never prove" practices everywhere.