Burgum: Tech industry will outspend energy sector on power generation
Doug Burgum · Powering the Next Big Things · Apr 23, 2025 · at 12:59
US Secretary of the Interior Doug Burgum argues that heavily regulated power utilities cannot meet AI demand speed, forcing tech firms to directly finance power generation.
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“So the tech industry will spend more on power generation than the power generation industry, because the power generation industry in the US is largely regulated, slow moving, crawling along, you know, have broken markets.”
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