We need enough copper to support data center revolution- Vice Chairman of S&P Global
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HarryWu,journalistforSouthernFinanceOmnimediaCorp(SFC)
Withtherapiddevelopmentofartificialintelligence,theglobalenergylandscapeisalsobeingreshaped.
DanielYergin,ViceChairmanofS&PGlobal,saidinaninterviewwithSFCatEnergyAsia2025thatontheonehand,artificialintelligencehascreatedanunprecedentedhugedemandforelectricity.Asaresult,thedemandfornaturalgashasalsoincreased,whichisoneofthemoststrikingfeaturesofthepastyearandahalf.Ontheotherhand,artificialintelligenceisstillinitsearlystagesandwillchangethewaytheenergyindustryoperatesinthefuture.
Yerginremindedthatdatacentersarenowdevelopingrapidly,andweneedtofocusonthemetalsneededforelectrificationtoensurethatthereisenoughcoppertosupportthewholedatacenterrevolution.
Theheadwindsofglobalizationareblowinghard,andtheglobalenergylandscapeisalsofacingtheriskoffragmentation.Yerginsaidtheworldusedtobemoreglobalized,bordersbetweencountriesgraduallydisappeared,tradeemerged,andsupplychainsgrewrapidly.Butwearenowwitnessingthereversalofallthis.Theworldisstillaglobalizedworld,butithasbecomemorefragmented,andissuessuchasnationalidentityandpoliticsareaffectingtheglobalsupplychain.