Part 3/11:
The demand for electricity is on the rise, forecasted by the Department of Energy to significantly escalate in the coming decades. With an expected global electricity demand increase of up to 75% by 2050, it’s clear that traditional energy sources will struggle to keep up. This burgeoning demand is not just the result of consumer trends but is also driven heavily by the electrification of various sectors and the proliferation of data centers fueled by artificial intelligence.