Constellation Energy: Hold For Higher Electricity Prices
CEGstellation Energy (CEG) Seeking Alpha·2024-09-11 23:58

Steve Allen Introduction A few years ago, when looking at the energy transition and electric vehicle impact on electricity demand the consensus was that it could add 1% to yearly demand, much as what occurred in the 50-70s with the advent of microwaves, A/C, and hairdryers. Then came climate change and the fact that the world is getting hotter and the need for A/C has increased and so should electricity demand. The last and most recent demand driver is linked to the development of AI and the infrastructure ...