Power grids are straining under swelling power demand from data centers and electrification in sectors like transportation. The result: transformer shortages, rising costs, and needs for new generation and transmission capacity. Find out what’s happening: 

• A new report warns of power transformer shortages in the U.S. this year, creating challenges for utilities and delaying new generation projects.
• Another study reveals the power demands of training a leading AI model have more than doubled every year for 10 years.
• The data center market's explosive growth brings capacity and energy challenges, making power the new real estate.
• Microgrids and other DERs might meet the clean-energy needs for major data center players like Google and Amazon. 

Learn about all this and more in this edition of Market Moves. 

—Theresa Houck, Senior Editor-at-Large