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Sam Huntington
Research director on the North American power team for S&P Global Energy, providing analysis on power markets, generation mix, and demand trends including data center impacts.
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Dec 30, 2025
• 36min
Rising prices, rising capex: what's ahead for the US power sector in 2026
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Travis Miller, a senior financial analyst at Morningstar Securities Research, and Sam Huntington, research director at S&P Global Energy, dive into the U.S. power sector amidst rising electricity prices. They discuss a $1.1 trillion capital expenditure forecast by utilities and the massive influence of data centers on demand. The duo also explores how policies are shaping renewable energy investment, the shifting landscape of utility stocks driven by new investor interests, and the implications for retail rates in the coming years.
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