AI demand will push the power grid to the brink. Morgan Stanley says these stocks could benefit

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 55%
  • Publisher: 72%

United States News

Environment,General Electric Co,Caterpillar Inc

Smaller natural gas turbines could surge in popularity as power grids are strained by data center demand, Morgan Stanley says.

Companies that manufacture small, quickly deployable natural gas turbines and generators are poised to benefit as surging electricity demand from data centers creates major delays in adding new capacity to the power grid, according to Morgan Stanley. Many power grids in the U.S.

Power projects waiting for connection to the Lone Star state's grid have surged from 17 gigawatts to about 40 gigawatts in less than two years, according to the analysts. There is also an extensive wait time for diesel-powered, backup generators for new data center projects, according to Morgan Stanley.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forget Nvidia: Morgan Stanley says Intel's much-hyped AI chip will boost 3 global stocksOne of the stocks named by the Wall Street bank has a 70% upside potential.
Source: CNBC - 🏆 12. / 72 Read more »