Global power demand seen surging nearly a third by 2035 – Rystad (XLU:NYSEARCA)

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Nov. 01, 2025 8:30 PM ETThe Utilities Select Sector SPDR® Fund ETF (XLU), TANVPU, PBW, ERTH, QCLN, SMOG, PBD, FAN, ICLN, CNRG, ACESBy: Carl Surran, SA News Editor
Electricity concepts. High voltage transformers with night city lights

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Power demand worldwide will continue to rise rapidly, jumping ~30% over the next decade, as the continued push for electrification, buildout of data centers, and the need to heat and cool buildings increases, energy research firm Rystad Energy predicted in a