Despite continued expansion of renewable and battery capacity, Texas recorded surprisingly strong electricity prices last summer and futures have also soared over the past six months. The reason? A massive expansion in power consumption offsetting the new generating capacity. Assuming the AI revolution is in its infancy, we are about to witness a marked increase in demand for electricity, and gas will play a part in meeting that
Despite continued expansion of renewable and battery capacity, Texas recorded surprisingly strong electricity prices last summer and futures have also soared over the past six months. The reason? A massive expansion in power consumption offsetting the new generating capacity. Assuming the AI revolution is in its infancy, we are about to witness a marked increase in demand for electricity, and gas will play a part in meeting that Despite continued expansion of renewable and battery capacity, Texas recorded surprisingly strong electricity prices last summer and futures have also soared over the past six months. The reason? A massive expansion in power consumption offsetting the new generating capacity. Assuming the AI revolution is in its infancy, we are about to witness a marked increase in demand for electricity, and gas will play a part in meeting that Moneycontrol Latest News Read More
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