A key component to modernizing the electric grid to meet soaring power demand from AI data centers are transformers. But the industry is being overwhelmed by demand for transformers. The $48 billion market is forecast to reach $67 billion by 2030, says consultancy Rystad Energy. This is great news for companies like GE Vernova.electricity power lines sunset clouds by Analogicus via Pixabay
Read full article1 Energy Transition Stock Set to Thrive Under Trump 2.0
Written on 11/23/2024