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AI brings about a surge in demand for electrical utilities! The USA's electricity generation in the first half of the year has increased significantly, with the largest growth rate in 21 years.
Driven by AI demand, the United States increased its electricity generation by 20.2 GW in the first half of this year, the highest growth rate during the same period since 2003. According to the EIA survey, power developers also expect a year-on-year increase of 42.6 GW in electricity generation in the second half of this year.
Genie Energy's (NYSE:GNE) Soft Earnings Don't Show The Whole Picture
Dividend Investors: Don't Be Too Quick To Buy Genie Energy Ltd. (NYSE:GNE) For Its Upcoming Dividend
Genie Energy | 10-Q: Q2 2024 Earnings Report
Genie Energy (GNE) Earnings & Revenues Decline Y/Y in Q2
Earnings Call: Genie Energy Reports Solid Q2 Despite Seasonal Slowdown
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