Outlook 2025: Datacentres, AI and the increasing need for power
With electricity consumption continuing to grow and set to surge further with the rise of digital technologies, natural gas remains critical to meeting demand
The insatiable demand for power and electrification continues to be a theme that is dominating the energy, technology and industrial complexes. We have been vocal about the ‘age of natural gas’ and the notion of natural gas as the most viable transitory fuel source throughout the energy transition in the US to address heightened power demand. And while there has been a tremendous number of regulatory initiatives aimed at accelerating the deployment of renewable energy resources globally, the world—and the US in particular—is quickly realising the intersection of electric load growth and the transition of energy generation resources will not be as cut and dry as originally contemplated.
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Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
