Electricity shortages are actively dragging down global economic growth, per new Bloomberg Economics analysis. (Bloomberg)
The study found that as “grid stress” rises in G-20 nations—driven by AI and EV demand outpacing supply—capital investment noticeably drops.
The impact is already visible, with Dutch chipmaker ASML struggling to secure power for a massive new campus (joining a queue of 12K businesses) and tech giants diverting data center billions away from constrained hubs like London, Berlin, and Silicon Valley to places with better power access.