<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1496144300411-8dd31ce145ba/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmaXhpZD1NWHd4TWpBM2ZEQjhNSHh3YUc5MGJ5MXdZV2RsZkh4OGZHVnVmREI4Zkh3PSZpeGxpYj1yYi0xLjIuMSZxPTgwJnc9MTAwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1496144300411-8dd31ce145ba/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmaXhpZD1NWHd4TWpBM2ZEQjhNSHh3YUc5MGJ5MXdZV2RsZkh4OGZHVnVmREI4Zkh3PSZpeGxpYj1yYi0xLjIuMSZxPTgwJnc9MTAwMA"/></p>
<p><em>图片来源：Unsplash</em></p>
<p>本月，全球头条新闻从委内瑞拉的紧张局势到乌克兰的和平协议不一而足——这对供应链和能源价格可能意味着什么。</p>
<p>在信息轰炸中，可能很容易错过本周在美国众议院通过的一项罕见且隐秘的两党法案。然而，从华尔街到主街，这项 “隐藏” 的法案可能在短期和长期内对基础设施产生重要影响。</p>
<p>《电力供应链法案》是由国会议员鲍勃·拉塔（Bob Latta，俄亥俄州第 5 区）提出的立法，经过 267 票对 159 票的投票通过——这意味着超过 50 名民主党人支持这一能源法案。在众议院的民主党投票中，从加利福尼亚到弗吉尼亚的代表们在党派界限通常分歧明显的时刻投下了 “赞成票”。为什么？因为在许多方面，电价和人工智能的未来将在 2026 年的中期选举中成为焦点。</p>
<p>全国范围内，电价上涨超过 10%，但在一些靠近数据中心的地区，批发电价与五年前相比上涨了多达 267%。消费者和企业每天都能感受到这一点。现实是，这些上涨的成本正在转嫁给客户和私营部门的大型用电客户。</p>
<h3><strong>《电力供应链法案》的重要性</strong></h3>
<p>众议院的这项里程碑法案将要求美国能源部分析并透明报告影响电力生产和传输的供应链风险和趋势。</p>
<p>正如众议院能源和商业小组委员会主席鲍勃·拉塔所说：“《电力供应链法案》将增强我们电网的可靠性，扩大国内能源生产，并确保我们能够为未来的人工智能数据中心提供电力。”</p>
<p>私营部门的领导者们也注意到了这一点。</p>
<p>国家电气制造商协会（NEMA）——包括施耐德电气、西门子、伊顿、ABB、GE 电网解决方案和特斯拉等关键能源参与者——不仅支持该法案，还发表声明称，该立法将帮助 “为能源部门提供关于其当前和未来能力、增长机会以及维护安全和韧性供应链的挑战的更大清晰度。”</p>
<p>当像西门子和特斯拉这样的公司共同发声时，市场和政策制定者会倾听。</p>
<p>从我在国会山的对话以及与华盛顿特区政策制定者相关人士的交流中，你常常会听到供应链问题仍然是一个持续的商业规划问题。这是因为几乎任何与能源相关的项目都必须面对获取变压器的漫长时间表，并且不断面临天然气涡轮机的积压问题。</p>
<p>![](https://substackcdn.com/image/fetch/$s_! DNo3!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2d3e2387-3683-4787-a795-d7cbcf02cda0_1882x1260.png)</p>
<p><em>(点击图片放大)</em></p>
<p><em>图片来源：德勤</em></p>
<p>这对科技和人工智能领域的领导者们也很重要，因为他们是大型能源负荷的主要驱动者，需求不断增加，主要由庞大的数据中心推动。</p>
<p>回顾过去一年多，我们详细介绍了数据中心和能源需求不仅在增长，而且它们是大生意。在我们 2024 年 10 月的《Prinsights Pulse Premium》月刊中，我们分享了报告显示，到 2030 年，数据中心每年可能消耗美国电力的 9%。这就像将额外的 1100 万户家庭接入电网。</p>
<h3><strong>能源立法的下一步</strong></h3>
<p>现在，该法案将送往美国参议院，此时美国中期选举的背景显得尤为重要，能源需求也在激增。</p>
<p>那么，它能否存活？超过四十名众议院民主党人能够跨越党派界限的信号让人谨慎乐观，认为该法案在参议院通过的机会很大。</p>
<p>需要注意的是：在众议院通过的另一项法案（在更多的共和党党派中）是《可靠性和可负担性州规划法案》，该法案将要求 “建立关于电力可靠可用性的措施”。该法案在美国参议院面临更为严峻的挑战，但随着我们迈向 2026 年，它也可能成为值得关注的法案。值得注意的是，该法案将对天然气和核能等能源生产来源带来巨大的好处。</p>
<p>对于战略投资者和公用事业家庭而言，能源立法意味着公司有机会提升并拥有更可预测、可靠和韧性的能源未来。华尔街已经在寻找核能投资以获得可观回报。</p>
<p>![](https://substackcdn.com/image/fetch/$s_! c4X7!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb296a581-77be-4f31-bd57-7cacba622276_1274x734.png)</p>
<p><em>(点击图片放大)</em></p>
<p><em>图片来源：彭博社</em></p>
<p>随着我们结束 2025 年并探索 2026 年的下一步，能够以支持数据驱动决策的方式同时利用能源传输和生产的公司将处于有利位置。能够微调能源负荷和预测的测量可以帮助提升投资者信心，同时推动潜在的创新，增加能源领域的回报潜力。</p>
<p>关注像《电力供应链法案》这样的能源相关法案，可以为寻求在所有人工智能头条噪音中获得优势的战略投资者提供非常明确的信号和机会。</p>
<p>这也是为什么我们本月的下一期 <em>Prinsights Pulse Premium</em> 将聚焦于一位在能源可靠性方面处于核心地位的能源领袖，并且正在进行战略投资，许多人因此期待其带来可观的收益。我们迫不及待想与您分享我们的最新研究和关键的可行建议。</p>
<hr/>
<p><em>更多来自此作者的文章：</em></p>
<p>没有人谈论的黄金供应危机</p>
<p>新的货币地图：黄金是锚</p>
<p>物质现实：为什么硬资产胜出，无论人工智能炒作如何</p>

<p>美国众议院通过了《电力供应链法案》，这是一项两党支持的法案，要求能源部分析影响电力生产的供应链风险。该法案旨在增强电网的可靠性并支持人工智能数据中心。法案现在将提交参议院，可能对能源价格和基础设施产生影响。该法案得到了主要能源参与者的支持，并可能影响 2026 年中期选举</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1496144300411-8dd31ce145ba/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmaXhpZD1NWHd4TWpBM2ZEQjhNSHh3YUc5MGJ5MXdZV2RsZkh4OGZHVnVmREI4Zkh3PSZpeGxpYj1yYi0xLjIuMSZxPTgwJnc9MTAwMA" alt="" original-src="https://images.unsplash.com/photo-1496144300411-8dd31ce145ba?ixlib=rb-1.2.1&amp;ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw%3D&amp;auto=format&amp;fit=crop&amp;w=1000&amp;q=80"/></p>
<p><em>Image Source: Unsplash</em></p>
<div class="lb-trans"><p><em>图片来源：Unsplash</em></p>
</div><p>This month, global headlines buzzed from tensions around Venezuela to a peace deal in Ukraine – and what it could all mean for supply chains and energy prices.</p>
<div class="lb-trans"><p>本月，全球头条新闻从委内瑞拉的紧张局势到乌克兰的和平协议不一而足——这对供应链和能源价格可能意味着什么。</p>
</div><p>Amongst the barrage of information, it may have been easy to miss a rare and stealthy bipartisan bill that passed this week in the U.S. House of Representatives. Yet, from Wall Street to Main Street, the “hidden” in plain sight House bill could have critical infrastructure implications over the near and long-term.</p>
<div class="lb-trans"><p>在信息轰炸中，可能很容易错过本周在美国众议院通过的一项罕见且隐秘的两党法案。然而，从华尔街到主街，这项 “隐藏” 的法案可能在短期和长期内对基础设施产生重要影响。</p>
</div><p>The Electric Supply Chain Act, legislation introduced by Congressman Bob Latta (OH-5), passed by a vote of 267-159 – meaning that more than 50 Democrats offered a yes for energy. Among the House Democratic votes, representatives stretching from California to Virginia cast an “aye” at a time when party lines are often firmly divided. Why? Because, in many ways, electricity prices and the future of Artificial Intelligence will be on the ballot during the midterm elections in 2026.</p>
<div class="lb-trans"><p>《电力供应链法案》是由国会议员鲍勃·拉塔（Bob Latta，俄亥俄州第 5 区）提出的立法，经过 267 票对 159 票的投票通过——这意味着超过 50 名民主党人支持这一能源法案。在众议院的民主党投票中，从加利福尼亚到弗吉尼亚的代表们在党派界限通常分歧明显的时刻投下了 “赞成票”。为什么？因为在许多方面，电价和人工智能的未来将在 2026 年的中期选举中成为焦点。</p>
</div><p>Nationally, electricity prices are up just over 10% but in some locations near data centers, wholesale electricity costs are up as much as 267% compared to five years ago. Consumers and businesses feel this every day. The reality is that those rising costs are being passed on to customers and large load customers across the private sector.</p>
<div class="lb-trans"><p>全国范围内，电价上涨超过 10%，但在一些靠近数据中心的地区，批发电价与五年前相比上涨了多达 267%。消费者和企业每天都能感受到这一点。现实是，这些上涨的成本正在转嫁给客户和私营部门的大型用电客户。</p>
</div><h3><strong>Why the Electric Supply Chain Act Matters</strong></h3>
<div class="lb-trans"><h3><strong>《电力供应链法案》的重要性</strong></h3>
</div><p>The landmark bill from the House would require the U.S. Department of Energy to analyze and transparently report on supply chain risks and trends affecting power generation and transmission.</p>
<div class="lb-trans"><p>众议院的这项里程碑法案将要求美国能源部分析并透明报告影响电力生产和传输的供应链风险和趋势。</p>
</div><p>As Rep. Bob Latta, Chairman of the House Energy and Commerce Subcommittee on Energy, put it, “The Electric Supply Chain Act will strengthen the reliability of our electric grid, expand domestic energy production, and ensure we can power the artificial intelligence data centers of the future.”</p>
<div class="lb-trans"><p>正如众议院能源和商业小组委员会主席鲍勃·拉塔所说：“《电力供应链法案》将增强我们电网的可靠性，扩大国内能源生产，并确保我们能够为未来的人工智能数据中心提供电力。”</p>
</div><p>Leaders in the private sector have also taken notice.</p>
<div class="lb-trans"><p>私营部门的领导者们也注意到了这一点。</p>
</div><p>The National Electrical Manufacturers Association (NEMA) – which includes key energy players like Schneider Electric, Siemens, Eaton, ABB, GE Grid Solutions, and Tesla – not only support the bill, but they have put out a statement saying that the legislation would help “provide the energy sector with greater clarity around their current and future capacity, opportunities for growth, and challenges related to maintaining a secure and resilient supply chain.”</p>
<div class="lb-trans"><p>国家电气制造商协会（NEMA）——包括施耐德电气、西门子、伊顿、ABB、GE 电网解决方案和特斯拉等关键能源参与者——不仅支持该法案，还发表声明称，该立法将帮助 “为能源部门提供关于其当前和未来能力、增长机会以及维护安全和韧性供应链的挑战的更大清晰度。”</p>
</div><p>When companies like Siemens and Tesla speak collectively, markets and policymakers listen.</p>
<div class="lb-trans"><p>当像西门子和特斯拉这样的公司共同发声时，市场和政策制定者会倾听。</p>
</div><p>From my conversations on the Hill and with those connected to policymakers around the DC beltway, what you often hear is that supply chain issues remain a constant business planning issue. That’s because nearly any energy-related project has to contend with long timelines to acquire transformers, and they continuously face growing backlogs of natural gas turbines.</p>
<div class="lb-trans"><p>从我在国会山的对话以及与华盛顿特区政策制定者相关人士的交流中，你常常会听到供应链问题仍然是一个持续的商业规划问题。这是因为几乎任何与能源相关的项目都必须面对获取变压器的漫长时间表，并且不断面临天然气涡轮机的积压问题。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://substackcdn.com/image/fetch/$s_!DNo3!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2d3e2387-3683-4787-a795-d7cbcf02cda0_1882x1260.png" alt="" original-src="https://substackcdn.com/image/fetch/$s_!DNo3!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2d3e2387-3683-4787-a795-d7cbcf02cda0_1882x1260.png"/></p>
<p><em>(Click on image to enlarge)</em></p>
<div class="lb-trans"><p><em>(点击图片放大)</em></p>
</div><p><em>Image Source: Deloitte</em></p>
<div class="lb-trans"><p><em>图片来源：德勤</em></p>
</div><p>This also matters to leaders in the tech and AI space because they are the large energy load drivers, with increasing demands driven by vast data centers.</p>
<div class="lb-trans"><p>这对科技和人工智能领域的领导者们也很重要，因为他们是大型能源负荷的主要驱动者，需求不断增加，主要由庞大的数据中心推动。</p>
</div><p>Stretching back for more than a year now, we’ve detailed how data centers and energy demands are not only growing, but they’re big business. In our October 2024 <em>Prinsights Pulse Premium</em> monthly issue, we shared how reports indicate that data centers could consume up to 9% of U.S. electricity per year by 2030. That’s like plugging an extra 11 million homes into the power grid.</p>
<div class="lb-trans"><p>回顾过去一年多，我们详细介绍了数据中心和能源需求不仅在增长，而且它们是大生意。在我们 2024 年 10 月的《Prinsights Pulse Premium》月刊中，我们分享了报告显示，到 2030 年，数据中心每年可能消耗美国电力的 9%。这就像将额外的 1100 万户家庭接入电网。</p>
</div><h3><strong>What’s Next for the Energy Legislation</strong></h3>
<div class="lb-trans"><h3><strong>能源立法的下一步</strong></h3>
</div><p>Now, the bill heads to the U.S. Senate at a time when the backdrop of U.S. midterm elections looms large and energy demands are surging.</p>
<div class="lb-trans"><p>现在，该法案将送往美国参议院，此时美国中期选举的背景显得尤为重要，能源需求也在激增。</p>
</div><p>So, will it survive? The signal that more than four dozen House Democrats were able to cross party lines offers a reason to be cautiously optimistic that the bill has a strong chance of passing in the Senate.</p>
<div class="lb-trans"><p>那么，它能否存活？超过四十名众议院民主党人能够跨越党派界限的信号让人谨慎乐观，认为该法案在参议院通过的机会很大。</p>
</div><p>To note: Also waiting in the wings that passed in the House (among a more GOP part line) is the State Planning for Reliability and Affordability Act, which would require “the establishment of measures regarding the reliable availability of electricity.” The bill also faces a much steeper uphill battle in the U.S. Senate, but it could also be one to watch as we head into 2026. Though, notably, the bill would be a massive win for energy generation sources like natural gas and nuclear.</p>
<div class="lb-trans"><p>需要注意的是：在众议院通过的另一项法案（在更多的共和党党派中）是《可靠性和可负担性州规划法案》，该法案将要求 “建立关于电力可靠可用性的措施”。该法案在美国参议院面临更为严峻的挑战，但随着我们迈向 2026 年，它也可能成为值得关注的法案。值得注意的是，该法案将对天然气和核能等能源生产来源带来巨大的好处。</p>
</div><p>For strategic investors and utility households alike, energy legislation means an opportunity for companies to step up and have a more predictable, reliable, and resilient energy future. Already, Wall Street has been looking to nuclear energy plays for sizable returns.</p>
<div class="lb-trans"><p>对于战略投资者和公用事业家庭而言，能源立法意味着公司有机会提升并拥有更可预测、可靠和韧性的能源未来。华尔街已经在寻找核能投资以获得可观回报。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://substackcdn.com/image/fetch/$s_!c4X7!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb296a581-77be-4f31-bd57-7cacba622276_1274x734.png" alt="" original-src="https://substackcdn.com/image/fetch/$s_!c4X7!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb296a581-77be-4f31-bd57-7cacba622276_1274x734.png"/></p>
<p><em>(Click on image to enlarge)</em></p>
<div class="lb-trans"><p><em>(点击图片放大)</em></p>
</div><p><em>Image Source: Bloomberg</em></p>
<div class="lb-trans"><p><em>图片来源：彭博社</em></p>
</div><p>As we round out 2025 and explore what’s next for 2026, the companies that are able to harness both energy transmission and generation in ways that support data-driven decisions will be in a prime position. Being able to fine-tune measurements of energy loads and forecasts can help boost investor confidence while also driving potential innovations, increasing the potential for returns in the energy sector.</p>
<div class="lb-trans"><p>随着我们结束 2025 年并探索 2026 年的下一步，能够以支持数据驱动决策的方式同时利用能源传输和生产的公司将处于有利位置。能够微调能源负荷和预测的测量可以帮助提升投资者信心，同时推动潜在的创新，增加能源领域的回报潜力。</p>
</div><p>Staying tuned to energy-related bills like the Electric Supply Chain Act can be a very clear signal and opportunity for strategic investors looking for an advantage amongst all the AI headline noise.</p>
<div class="lb-trans"><p>关注像《电力供应链法案》这样的能源相关法案，可以为寻求在所有人工智能头条噪音中获得优势的战略投资者提供非常明确的信号和机会。</p>
</div><p>It is also why our next <em>Prinsights Pulse Premium</em> issue this month will focus on an energy leader that sits at the cornerstone of energy reliability and is making the strategic investments that have many expecting a sizable upside. We can’t wait to share our latest research and the key actionable recommendation with you.</p>
<div class="lb-trans"><p>这也是为什么我们本月的下一期 <em>Prinsights Pulse Premium</em> 将聚焦于一位在能源可靠性方面处于核心地位的能源领袖，并且正在进行战略投资，许多人因此期待其带来可观的收益。我们迫不及待想与您分享我们的最新研究和关键的可行建议。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多来自此作者的文章：</em></p>
</div><p>The Gold Supply Crisis Nobody’s Talking About</p>
<div class="lb-trans"><p>没有人谈论的黄金供应危机</p>
</div><p>The New Monetary Map: Gold Is The Anchor</p>
<div class="lb-trans"><p>新的货币地图：黄金是锚</p>
</div><p>The Material Reality: Why Hard Assets Win, Regardless Of AI Hype</p>
<div class="lb-trans"><p>物质现实：为什么硬资产胜出，无论人工智能炒作如何</p>
</div>

The DC Energy Bill Investors Are Watching Next

- 美国众议院通过《电力供应链法案》，以 267 票对 159 票获批。  
- 该法案要求能源部分析电力生产和传输的供应链风险。  
- 立法通过可能影响未来电价及人工智能数据中心的能源需求。

投资者正在关注的下一个华盛顿特区能源法案