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14.03.2020 16:00:00

The Inevitable Capex Boom In US Energy

Electric utility capital expenditures (CAPEX) in the US have been rising steadily. But they are not remotely large enough to meet future industry requirements to decarbonize, harden infrastructure, modernize, digitize and meet the demand for new electric vehicle charging infrastructure. The last time our electric industry faced a rapid increase in capital expenditure was in the 1970s and early 1980s. A mideast oil embargo essentially (technically two of them in that decade) forced utilities into rapid construction of nuclear power generation. At…
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