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Data center growth and electricity demand remain strong despite political challenges in Texas.

Market News
13 Nov 2026, 18:54 WIB
CNBC
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Bullish
Data center growth and electricity demand remain strong despite political challenges in Texas.

Utility CEOs at the EEI conference confirm that the data center boom is continuing, with no expected slowdown in electricity demand. While new Texas political leaders have expressed concerns about data center impacts on electricity costs, regulatory control lies mainly with state agencies that currently support growth. If Texas restricts data center expansion, other states like Louisiana and Oklahoma are ready to attract new projects. Analysts expect strong data center construction and AI-related hardware spending through 2024, supporting ongoing demand for energy from renewables and natural gas.

The data center slowdown concern and related stocks are presented here with Pluang's utilities sector data as context. For readers following utilities, here is Pluang's market snapshot as of Nov 14, 2026 00:11 WIB: Among 39 utilities stocks, 33 rose and 6 fell. PPL traded at USD 35.65 with a 1.25% gain and a typical hold time of 19 days, while PCG was at USD 13.13, up 1.23% but with 100% sell orders and a shorter hold time of 9 days. ES stood at USD 72.00, gaining 1.19% with a hold time of 12 days.

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