Electric investment super cycle

Morningstar says U.S. electric utilities are in the midst of an investment super cycle. Morningstar points to the industry’s $1.4 trillion capital spending to meet generation needs for data centers from now to 2030. This capital investment is double that of the previous 10 years.

In the same report, Morningstar named California, Texas, and Louisiana as states that may face resource inadequacy.

Utility Dive | US electric utilities entering investment ‘super-cycle,’ says Morningstar DBRS