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Principal Asset Management

2025 Top 500 ranking: 56

U.S. power market in a period of unprecedented growth and transformation

U.S. power market - Principal

Following nearly two decades of stagnation, power demand is now surging, with an average annual growth rate of over 1% between 2021 and 2024, and approximately 3% growth in 2024 alone. Current long-term growth expectations range from 2% to well above 3% per year; by some measures, the U.S. is ...

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