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Energy Leaders See Demand Driving New Investment Opportunities

Energy Leaders See Demand Driving New Investment Opportunities

Photo: TokenPost

Energy executives see artificial intelligence, electrification and population growth supporting demand for power and fuels, while geopolitical risks, higher interest rates and oil-price uncertainty complicate investment decisions. Several executives made remarks during the ADIPEC energy conference in Abu Dhabi, while other comments came in separate interviews or discussions. Across the conversations, leaders addressed power demand, infrastructure development and the uncertainty surrounding investment decisions. Baker Hughes CEO Lorenzo Simonelli pointed to artificial intelligence, population growth and developing nations as forces supporting energy consumption. “I think we have a ‘demand decade’ ahead of us,” Simonelli said.

Source: TokenPost

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