SysMoore & Energy (Pt.3)
Summary
• AI is turning data center demand into a continuous power load, colliding with a US grid that has seen little capacity growth for two decades.
• Chip production alone illustrates the scale: peak power for one year of AI accelerators could approach hundreds of GW, comparable to grid-level demand.
• China holds a structural advantage with ~3× US capacity and 11× faster build rates, while the US faces supply and permitting bottlenecks.
• US strengths in natural gas and nuclear are offs