Reported 8 days ago
U.S. electricity demand is experiencing significant growth, projected to increase at a 2.4% annual rate through the decade after a decade of stagnation. This surge will require substantial investment, estimated at $50 billion, benefiting companies like Quanta Services, known for its infrastructure solutions, Emcor Group, which offers diverse electrical maintenance and construction services, and American Superconductor Corp., an innovator in electrical systems using novel materials. These companies are well-positioned to capitalize on the electrification trend as the country invests in sustainable energy and updated infrastructure.
Source: YAHOO