Perfect Storm for the Grid: Convergence of Energy Growth and Policy [Yahoo! Finance]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
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Source: Yahoo! Finance
The vulnerabilities will only become more apparent as we continue to undergo a fundamental shift in how energy is generated and how it is consumed by artificial intelligence (AI) and other high-demand technologies. As outlined in an article in Joule in October 2023, if current trends continue, AI alone will consume more energy annually than many small countries. In addition to AI, the push to increase the use of electric vehicles (EVs), while at the same time encouraging or even mandating renewable energy generation, is furthering a fundamental and unsupportable strain on the U.S. electric grid. This pressure must be relieved by policies that provide flexibility in the shift to renewable sources and remove barriers to upgrading transmission infrastructure. Grid Currently Ill-Equipped to Handle Growth The electrical grid—the millions of miles of transmission and distribution lines that ensure electricity is delivered to our homes and businesses when we demand it—is not equipped to
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MS
Earnings
- 4/16/24 - Beat
MS
Sec Filings
- 5/15/24 - Form 424B2
- 5/15/24 - Form 424B2
- 5/15/24 - Form 424B2
- MS's page on the SEC website