The boom in energy-intensive data centers and electrification of transportation is driving a surge in electricity demand in advanced economies, which had been stagnant for decades before that. Increased demand for electricity has heightened concerns about increased pressure on power grids, while reports of companies putting investment plans on hold due to energy restrictions are increasing. Historically, energy system stress had a relatively small impact on the economy, but the level of pressure on energy systems during these historical periods was also limited. Today, the increase in electricity production capacity is not only the core of the green energy transition, but also the cornerstone of the artificial intelligence revolution. Without a rapid expansion of electricity supply, it is unlikely that the full potential of cutting-edge technology will be unleashed.

The boom in energy-intensive data centers and electrification of transportation is driving a surge in electricity demand in advanced economies, which had been stagnant for decades before that. Increased demand for electricity has heightened concerns about increased pressure on power grids, while reports of companies putting investment plans on hold due to energy restrictions are increasing. Historically, energy system stress had a relatively small impact on the economy, but the level of pressure on energy systems during these historical periods was also limited. Today, the increase in electricity production capacity is not only the core of the green energy transition, but also the cornerstone of the artificial intelligence revolution. Without a rapid expansion of electricity supply, it is unlikely that the full potential of cutting-edge technology will be unleashed.