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Power demand expected to double by 2040 thanks to AI and EVs, PG&E 's CEO says

Power demand expected to double by 2040 thanks to AI and EVs, PG&E 's CEO says
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Power Demand Expected to Double by 2040 Thanks to AI and EVs, California Utility Says

(Bloomberg) California’s biggest utility sees power demand doubling by 2040, driven by artificial intelligence, electric cars and other efforts to electrify more of the economy, according to PG&E Corp.’s top executive.Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Yes, Everyone Really Is Sick a Lot More Often After CovidBump Stock Ban Tossed Out by Supreme Court in Gun-Rights WinTesla Inve

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New Silicon Valley Data Centers Will Ramp Up Electricity Use

New Silicon Valley Data Centers Will Ramp Up Electricity Use
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PG&E in Talks with KKR to Sell Minority Stake in Power Unit

(Bloomberg) PG&E Corp. is in talks to sell a minority stake in its power generation business to investment firm KKR & Co., a transaction regulators have signaled they don’t intend to support. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapPot Stocks Surge on Report DEA Set to Reclassify MarijuanaTesla Axes Most of Supercharger Team in Blow

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