Are we truly entering the age of electrification?

After decades of stability in Western countries, electricity demand is set to accelerate sharply, driven by several megatrends: artificial intelligence, data centers, air conditioning, electric vehicles, and the electrification of industrial uses. According to the International Energy Agency, the world is entering a new era in which electricity is becoming the main driver of energy growth. Will infrastructure and generation capacity be able to keep pace with this revolution? Analysis by Juliette Cohen, Senior Strategist at CPR Asset Management.