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<p>Global electricity demand has increased due to factors such as the development of AI and the recovery of the manufacturing industry, leading to rising electricity prices. Since 1980, there have been multiple periods of electricity shortages, and currently, the electricity consumption growth rate in the United States, Japan, and South Korea exceeds the GDP growth rate. The electricity demand in the United States mainly comes from AI data centers, with electricity investment expected to reach $44 billion by 2028. China's electricity supply is relatively sufficient, which is conducive to asset returns and capacity value reassessment</p>

- The article discusses the global electricity shortage since 1980, emphasizing the increasing demand driven by AI development and industrial recovery, which has led to rising electricity prices.  
- It analyzes the current electricity supply-demand situation across different regions, highlighting the unique challenges faced by the U.S., Europe, and emerging markets, while noting China's relative surplus in electricity supply.  
- The report identifies investment opportunities arising from this global electricity shortage, particularly in energy infrastructure, storage solutions, and related industries, suggesting a shift in market focus towards energy-related sectors.

The end of AI is electricity