An Industrial Power Hour: A Deep Dive Into the U.S. Electric Grid, the Global Electrical Value Chain

The era of flat power demand is over. With structural drivers like data centers, reshoring, EV adoption, and fuel switching, electricity demand is expected to grow at a 2% CAGR after being flat for 20 years. As a result, utilities must modernize the grid by replacing aged infrastructure and moving power lines underground. This webinar delved into the workings of the electrical grid, its key components, and the incremental investments required. It also addressed bottlenecks and distinguished between front-of-meter and behind-the-meter opportunities, highlighting the companies that stand to benefit the most.

Watch now for an in-depth exploration of how electricity demand growth, poised to increase by 2% annually between 2023 and 2028, driven by four megatrends: the expansion of data centers (especially AI-driven ones), the resurgence of domestic manufacturing, the rise in EV adoption, and the shift from fossil fuels to renewable energy sources. We discussed how utilities are responding by boosting their multi-year capex budgets significantly and the challenges they face, such as labor shortages, aging transformers, and lengthy permitting processes. This session provided valuable insights into the future of the electric grid and the investment opportunities it presents.

Key Topics: