Power Generation Capacity - China has 3.75 terawatts of power generation capacity, nearly three times that of the U.S. at 1.30 terawatts [1] - China's power generation capacity has doubled over the past eight years, surpassing 3,348 gigawatts in 2024, with a year-over-year increase of 14.6% [2] - In 2024, China added 429 gigawatts of net new capacity, with wind and solar contributing to 83% of these additions [2] Nuclear Energy Development - China has 34 nuclear reactors under construction, more than the next nine countries combined, with nearly 200 additional reactors planned or proposed [1] - The U.S. currently has no large commercial nuclear reactors under construction [1] Investment in Power Infrastructure - Morgan Stanley estimates that China will invest about $560 billion in power grid projects by 2030, with over $80 billion invested in 2024 alone [3] - China's rapid grid expansion and large renewable energy investments are providing a strategic edge in the AI race, as advanced AI development relies on abundant, reliable power [4] Competitive Disadvantages in the U.S. - Tesla CEO Elon Musk described the U.S. power situation as a "major competitive disadvantage," highlighting the challenges faced by U.S. data centers due to rising power demand [5] - Research indicates that U.S. data-center power demand is increasing faster than the grid can accommodate, leading to unresolved transmission bottlenecks amid the AI boom [5]