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Stock impact report

Key themes 2025: what data centres, tariffs and grid bottlenecks mean for the energy transition [Yahoo! Finance]

GE Vernova Inc. (GEV) 
Company Research Source: Yahoo! Finance
rendering the energy transition moot but certainly raising concerns about the pace of change. On top of this, electricity demand is rising faster than ever, and the source of growth is no longer just homes or traditional industry. Three key themes set the tone for the energy industry this year: data centres wreaking havoc on global power systems; tariffs doing the same to supply chains; and worsening grid bottlenecks alongside persistent efforts to flip this around. In the past year, data centres have moved into the heart of global energy dialogue, not only reshaping the industry's supply chains and investment decisions but also forcing the sector to rethink how power is generated, distributed and consumed. Data centres are becoming a major driver of global electricity demand, with their consumption set to reach 945 terawatt-hours by 2030 – roughly 3% of global consumption. By that point, in the US, where data centre growth is most expansive, they are expected to use more power Show less Read more
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