10 June 2025 | 2:22PM BRT Brazil Utilities Incorporating the new opex methodology and weaker power demand into our models We update our estimates for Brazilian utilities Copel, Equatorial, Energisa, and Cemig to take into account the long-awaited new power distribution opex methodology, which was approved by the regulator on May 20th. Among the changes introduced, we highlight i) the revised time-frame for reference opex, now to be updated annually; ii) the simplification of the benchmark model including hi ...

Our need for energy in the country is only growing. According to forecasts by IHS Outlook and McKinsey, U.S. power demand will surge 55% by 2040, fueled by AI data centers, the onshoring of manufacturing, and the electrification of everything, including transportation. This forecast bodes well for energy companies. As a leader in the sector, NextEra Energy (NEE 1.25%) is in a strong position to capitalize on the country's growing demand for electricity. That's one of the reasons why I wouldn't hesitate to b ...

28 May 2025 | 8:20AM EDT Power Tracker: Solid US Power Demand: Bottom Up and Top Down Hongcen Wei +1(212)934-4691 | hongcen.wei@gs.com Goldman Sachs & Co. LLC Samantha Dart +1(212)357-9428 | samantha.dart@gs.com Goldman Sachs & Co. LLC Carly Davenport +1(212)357-1914 | carly.davenport@gs.com Goldman Sachs & Co. LLC Neil Mehta +1(212)357-4042 | neil.mehta@gs.com Goldman Sachs & Co. LLC -1% 0% 1% 2% 3% 4% 5% US Power Demand YoY Growth Rates in 1Q2025 All weather adjusted. Historical top-down demand growth is ...