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Brian Sullivan: Utility and power CEOs report no reduction in power demand estimates since election

Brian Sullivan: Utility and power CEOs report no reduction in power demand estimates since election
No drop in power demand estimates

Every utility and power CEO who spoke with Brian Sullivan on Monday at Edison Electric said they have seen no reduction in power demand estimates since the election.

Sullivan also stated that Entergy could benefit from any Texas issues, noting that Louisiana and Arkansas would likely welcome the company.

Brian Sullivan has previously reported on steep declines for major AI stocks, noting that some fell over 40% from recent highs in recent coverage. He also described worsening economic issues in France, highlighting high living costs and a deepening debt crisis post-Covid in an earlier report. These recent updates reflect Sullivan's ongoing focus on key developments in both energy and financial markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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