Sabree Beneshour
👤 SpeakerAppearances Over Time
Podcast Appearances
power demand is definitely not stagnant anymore.
power demand is definitely not stagnant anymore.
And the long-delayed upgrade bill is catching up with all of us, he says.
And the long-delayed upgrade bill is catching up with all of us, he says.
Dan Pickering is co-founder of Pickering Energy Partners.
Dan Pickering is co-founder of Pickering Energy Partners.
Just from population growth, reshoring of industrial activity, and just more things that are electric, like cars.
Just from population growth, reshoring of industrial activity, and just more things that are electric, like cars.
Add on top of that data centers, and demand growth is expected to increase from 1.5% to 2.5% each year.
Add on top of that data centers, and demand growth is expected to increase from 1.5% to 2.5% each year.
But there's another thing driving electricity and gas costs up.
But there's another thing driving electricity and gas costs up.
The market price of natural gas, which powers a lot of power plants.
The market price of natural gas, which powers a lot of power plants.
Thomas Rowlands-Reese again.
One reason is because new shipping terminals are allowing us to export more of it, leaving less gas here at home and pushing up prices.
One reason is because new shipping terminals are allowing us to export more of it, leaving less gas here at home and pushing up prices.
In New York, I'm Sabree Beneshour for Marketplace.