Generac CEO says pressure on the power grid 'is only going to get worse' from weather and technology

In a Tuesday interview with CNBC's Jim Cramer, Aaron Jagdfeld, CEO of generator company Generac, warned that the pressure on the power grid is only going to increase, burdened by a massive crop of new data centers and more severe weather. "This has become a massively critical discussion point," Jagdfeld said. "This is only going to get worse." Jagdfeld described how outages affect homeowners, businesses and other institutions, and said during the first nine months of 2024, 1.2 billion hours were lost to out ...