Americans have long equated energy security with oil. The country wanted as much as possible because of the havoc an interruption to supply—from wars, disasters and political convulsions—can cause.
In coming years, though, energy security will mean electricity.
Power demand, stagnant for decades, is now growing rapidly, for data centers to run artificial intelligence and other digital services and, in time, transportation and buildings.
An economy dependent on electricity will be different from one dependent on oil. It will require mammoth investment in generation, distribution and transmission. It will challenge regulators and political leaders, as the supply and price of electricity become as politically potent as that of gasoline. The country wanted as much as possible because of the havoc an interruption to supply—from wars, disasters and political convulsions—can cause.
Economic Growth Now Depends on #Electricity, Not #Oil
Americans have long equated energy security with oil. The country wanted as much as possible because of the havoc an interruption to supply—from wars, disasters and political convulsions—can cause. In coming years, though,… pic.twitter.com/npk1LaNfL5
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