Electrical grids are under stress Surging demand for electricity around the world caused by a growing number of AI data centres and electric cars, is stressing networks and affecting the economies of countries that can’t keep up ELECTRICITY SYSTEM STRESS INDEX Early 2000s: Stress from increasing industrialisation, rapid economic growth, rising living standards and arrival of mobile phones Early 2020s: Countries are racing to build infrastructure needed to support electrical demands of cutting edge technology Less stressed More stressed 2001 2005 2010 2015 2020 2024 Argentina Australia Austria Belgium Brazil Canada China Czechia Denmark Estonia Finland France Germany Greece Hungary India Indonesia Ireland Italy Japan Latvia Lithuania Luxembourg Mexico Netherlands New Zealand Poland Portugal Russia Saudi Arabia Slovakia Slovenia South Africa South Korea Spain Sweden Turkey UK U.S. Sources: Bloomberg, Ember © GRAPHIC NEWS