Morningstar - Consolidated Edison Inc. (ED) Can EVs, Pot, and Data Save U.S. Electricity Demand?

Report

Morningstar

Charles Fishman

EUR 100.00 For Business Accounts Only

Can EVs, Pot, and Data Save U.S. Electricity Demand?

U.S. electricity demand has flatlined during the last decade, but we think it will spring to life. We forecast three emerging electricity demand sourcesâ€”data centers,Â electric vehicle charging, and marijuana productionâ€”will approach 6% of total U.S. electricity demand by 2030, offsetting energy efficiency gains and resulting in 1.25% total annual electricity demand growth through 2030.
We are reaffirming our fair value estimates and moat ratings for all U.S. utilities. Utilities will have to wor...

30/11/2018 13 EN

Underlying

Consolidated Edison Inc.

Consolidated Edison is a holding company. Through its subsidiaries, the company is engaged in provision of energy services. The company's subsidiaries include: Consolidated Edison Company of New York, Inc.'s principal business operations are its regulated electric, gas and steam delivery businesses; Orange & Rockland Utilities, Inc.'s principal business operations are its regulated electric and gas delivery businesses; Con Edison Clean Energy Businesses, Inc. develops, owns and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc. invests in electric and gas transmission projects.

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US2091151041 New York Stock Exchange United States

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Charles Fishman

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Can EVs, Pot, and Data Save U.S. Electricity Demand?

Vermilion Compass: Weekly Equity Strategy

Vital Signs: Actionable charts

Consolidated Edison, Inc.: Update to credit analysis

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Sasol Provides Full-Year Production Update

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

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