Energy Industry Overview - Electricity is considered the new oil, with natural gas and nuclear energy positioned as future energy supply sources [1] - Data and electricity are essential for the functionality of AI, including applications like Chat GPT [1] Electricity Demand Trends - US electricity demand had been flat for the past two decades, but is now changing and expected to accelerate significantly over the next two decades [2] - The increasing electricity demand necessitates the utilization of all forms of energy supply sources [2] AI and Infrastructure - The energy sector is evolving rapidly, driven by the focus on AI and the future economy [3] - AI development is heavily reliant on infrastructure, creating opportunities for investors [3]
⚡️ "Electricity is becoming the new oil:" Sr. Portfolio Manager
Yahoo Finance·2025-10-26 20:30