The queue for power-intensive customers looking to tap into New York’s energy grid has surged as the boom for AI and growth in large-scale manufacturing drive electricity demand, according to one of the state’s utility providers https://t.co/U7v0mYf83j ...

GE Vernova, the US manufacturer of power generation equipment, doubled its dividend and increased its scope for share buybacks while increasing earnings projections amid soaring demand for electricity https://t.co/hho1AjL2K3 ...

France’s electricity glut will persist until at least 2028 as demand increases at a slower-than-expected pace amid sluggish economic growth https://t.co/a82f8tW63M ...

Africa’s electricity conundrum is usually framed as a supply problem. But it is also a question of demand https://t.co/AgaDo4RcFV ...

Economic Outlook for 2026 - S&P Global Ratings expects AI tailwinds to boost otherwise weak growth in the US [1] - US growth is projected at 2%, potentially driven by AI and data centers, along with lower energy prices and easy financial conditions [2] - AI is estimated to contribute at least 0.5 percentage points to annual US growth [2] - Approximately 80% of domestic spending in the first part of the year was related to AI and data centers [2] Challenges and Risks - Manufacturing sector is experiencing contraction, with tariffs not resulting in the anticipated reshoring [2] - The US economy exhibits a narrowness in labor market strength, demand, manufacturing, and consumer spending [4] - Top 10% of Americans account for roughly 40-50% of spending, indicating a lack of broad-based recovery [5] - Rising electricity demand, driven by data centers, is pushing up utility prices for local communities [7][8] Global Implications - Europe and parts of Asia are benefiting from digital infrastructure build-out in the US, particularly in Ireland, Taiwan, Malaysia, and South Korea [9] - Europe's growth could reach 125% to 150% with the release of the German debt break, focusing on infrastructure and defense [11] - China faces challenges due to a property overhang, despite being a leader in clean tech, with growth around 4-45% [11] - Emerging Markets (EM) are benefiting from lower energy and gasoline prices, which constitute a significant portion of their consumption basket [12] AI and Labor Force Transformation - AI's initial impact on the labor force is expected to be negative, with potential layoffs in the tech sector [13] - The long-term aspiration is for AI to drive new technologies, productivity, and a labor renaissance [13]

Joining us now is an analyst who covers the sector, Ryan Lavine, city senior senior utilities analyst. Ryan, thanks for joining us this morning. >> Thanks for having me.>> So, how does this work. This huge increase in electricity demand from data centers. Is that primarily what's driving up electricity costs.>> So, electricity prices are up about 23% over the last 5 years, and it's due to a variety of reasons. Yes, data centers have impacted some of the Northeast and Mid-Atlantic utilities due to unique reg ...

Market Trends - The AI boom promises runaway electricity demand, impacting US power companies [1] - Investors are impatient for results from the AI-driven electricity demand [1] Investment Implications - The AI boom has jolted shares of US power companies [1]

The US faces a potential electricity crisis this decade as a surge in demand to power data centers bumps into cold reality https://t.co/SEAxOe8QiR ...

Industry Risk - Rising electricity demand from data centers is raising the risk of blackouts across a wide swath of the US during extreme conditions this winter [1] Regulatory Oversight - The regulatory body overseeing grid stability is monitoring the situation [1]

That's the story. That's the reporting. Lots of investment up front.And you got to wait a long time to get more. Yeah. The thing to keep in mind about nuclear is that everything moves really slowly.You know, I mean, any of these power plants are major construction projects. So already that's a slow thing. And then it's nuclear.So you know that they are going to take their time because it has to be safe. So it's a very slow moving industry. There's huge demand for it Now. There's there's, as you know, just a ...