Core Viewpoint - The increasing demand for computing power in the U.S. is leading to a significant electricity shortage, creating both challenges and investment opportunities in energy infrastructure development [3][4]. Group 1: Electricity Supply and Demand Imbalance - The electricity crisis in the U.S. is a structural issue stemming from a long-term supply-demand imbalance, particularly highlighted by the mismatch between grid construction cycles and the rapid growth in computing power demand [4][5]. - The U.S. electricity reliability organization (NERC) predicts that data centers will add 65GW of load by 2030, but actual demand driven by computing power could reach 180GW in five years, nearly three times the official forecast [5]. - The aging power generation infrastructure is unable to quickly compensate for the electricity shortfall, with a mere 1.23% annual growth rate in operational generators over the past decade [9]. Group 2: Grid Infrastructure Challenges - The fragmented nature of the U.S. power grid, operated by thousands of entities, complicates cross-regional electricity distribution and upgrades, leading to increased risks of regional blackouts [11][12]. - The average age of grid equipment in the U.S. exceeds 30 years, limiting the ability to respond to surges in demand effectively [12]. Group 3: Investment Opportunities - Despite rising electricity costs, U.S. data centers maintain a strong commitment to power investments, presenting opportunities for Chinese companies to leverage their supply chain advantages in the global market [15]. - The global trend of upgrading electricity infrastructure is evident, with significant investment opportunities across generation, transmission, and distribution sectors, particularly for Chinese power equipment firms [15]. - The U.S. electricity crisis is expected to drive demand for gas turbines, energy storage solutions, and distributed microgrid construction, benefiting Chinese manufacturers with competitive advantages [16].