S&P Global Vice President: "The world needs more copper"
"By 2040, we will need 50% more copper than we have today, and electricity usage will increase by 50%, which is equivalent to building 650 nuclear power plants annually [to meet the global demand growth in 2040 if we want to move away from fossil fuels]"
"Last year, data centers used 4% of America's electricity, and we expect this percentage to rise to 14% by 2030, and this will not happen without copper"
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S&P Global Vice President: "The world needs more copper"
"By 2040, we will need 50% more copper than we have today, and electricity usage will increase by 50%, which is equivalent to building 650 nuclear power plants annually [to meet the global demand growth in 2040 if we want to move away from fossil fuels]"
"Last year, data centers used 4% of America's electricity, and we expect this percentage to rise to 14% by 2030, and this will not happen without copper"
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