Goldman Identifies "Vulnerable Link" At Center Of Energy Security 

America's core energy security policy is no longer just focused on crude oil tankers, LNG cargoes, or even shale output. The new chokepoint is the power grid - nearly half a century old, with limited spare capacity, and now, according to Goldman analysts, at the very center of energy security. As they put it: "The grid is a vulnerable link in energy security." 

"The need to invest in the power grid – a vulnerable link in the energy supply chain – and the associated metals demand boost are becoming more acute with the rise of AI, geopolitical tensions, and the shift to hybrid warfare," analysts Lina Thomas and Daan Struyven wrote in a note to clients on Thursday titled "AI and Defense Place Grids at the Center of Energy Security."