Power Sector

“If you're making transformers or switchgear or conductor or turbines of almost any kind or engines of almost any kind, if you're making a way of producing, generating electricity or delivering it, you're probably doing pretty well. Right now. And I think we'll…”

“I don't think that really anyone has got the muscle for this because it's not been in anybody's lived experience really. And so we're having to think about it pretty fresh.”

“If you think about it in terms of dollars per ton, natural gas is the most expensive. If you think about it in terms of dollars per megawatt hour, it's actually the least in the power sector.”

“One of the fastest growing in By some distance, the highest return on equity participant in the power sector is trading at eight times earnings.”

“We delivered ten million forecasts in under 10 minutes a decade ago, right? So I think the idea that somehow AI is being newly incorporated into technology is false. Many companies have been around and have been actively incorporating these new technologies.”

“I don't see an immediate adoption of these kinds of technologies for productivity gains, because the things like, you know, financial statements getting released, and those kinds of pieces of news, that's a big issue, right? Like anything IP related or proprie…”

“Data centers are going to get real hairy. It is going to be a lot of load coming on very, very, very quickly, and the power sector has not dealt with that much load that quickly when you've got a gigawatt and a half, you know data center coming online, and tha…”

“The more you can break those data silos within any enterprise organization, the more value that machine learning gives you, and I think part of the reason that AI has not been as Exciting to a lot of power sector clients is the silos have existed for far too l…”

“OPEX costs are up about, you know, 14% a year.”

“We're seeing some application of LLMs across the industry, but usually at the enterprise level around regulatory documents around, you know, generating text or guidance. Less on the actual power sector side of the operation itself itself.”

“If the power sector isn't able to make it through this period and it results in People unable to build new manufacturing facilities, new data centers in a timely fashion. And if it results in kind of costs starting to spiral out of control, electricity costs s…”

“If you look at consumption, how much water is consumed, agriculture is the biggest consumer, and then cities, then the power sector.”

“In the sectors where, first of all, we already use hydrogen, things like ammonia and chemicals production and then potentially in a few other really difficult to abate industrial sectors including to some extent in the power sector, I think hydrogen is going t…”

“I do think longer term, you're right, it would, could split that link if, you know, if basically natural gas plays a very small role in, in Europe's energy mix in another five years that'll help drive a wedge between the prices in the power sector and the gas …”

“In the US, for example, as of twenty-twenty, we used 38% of our natural gas in the power sector, 33% directly in the industrial sector, 25% in buildings, mostly for heating.”