Utilities the third best performing sector so far this year, boosted by AI's voracious appetite for energy. Now companies are spending money to upgrade infrastructure and keep up with AI demand. So what does that mean for our grid system for energy prices.Well, joining us now is Calvin Butler, Exelon CEO with our Brian Sullivan. Brian, >> John, thank you very much. Calvin, good to see you.He is the CEO and president of Exelon and the chair of the EI conference of which we are at. It's a great way to wrap up ...

Core Insights - The utilities sector is currently the third best performing sector, driven by the increasing energy demand from AI technologies [1] - There is a significant supply-demand imbalance in the energy market, particularly in the PJM marketplace, which could lead to power shortages in the coming years [4][6] - The governors of states within the PJM region are collaborating to address the energy supply issues and affordability challenges faced by consumers [7] Supply-Demand Imbalance - The energy demand has surged to levels not seen in the last 30 to 40 years, while the regulatory framework has remained unchanged for the past 50 years [4] - Vertically integrated utilities are managing the demand effectively, but non-generating utilities are struggling to meet the increased demand, leading to affordability issues for customers [5] Proposed Solutions - There is a call for utilities to re-enter the generation business to ensure better control and clarity over energy supply [11] - Alternative energy solutions such as combined cycle gas turbines, community solar, and battery storage are suggested to enhance energy supply [12] - A sense of urgency is needed to address the potential crisis in energy supply before it escalates [14]

Nigeria is in talks with China’s Export and Import Bank for a $2 billion loan to build a new super grid to reduce power shortages that have curtailed economic growth for decades https://t.co/OBAJ1oWnsz ...