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Electricity demand was essentially flat for decades. Now it’s exploding. Heron Power CEO Drew Baglino: "Energy efficiency more or less negated the growth in energy services." "The net electricity delivered to accomplish those energy services stayed basically flat." "Even with all the AI things that are going on… And... that has allowed more and more compute capability for the same percentage of GDP electricity production." "It's changing now that we can find more applications for AI than ever before." "We are seeing electricity growth higher than it's ever been before." "It's because we are seeing broad based demand for more electricity — compute, transportation, industrial electrification." Drew Baglino Heron Power Electronicsshow more

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