Utility giant Duke Energy may not be a household name, but it sits at the epicenter of the AI data center boom and affordability debate as it plans to spend an industry record of $103 billion for growth over just five years—and CEO Harry Sideris isn’t afraid to say he expects that eye-popping number to grow.
“Ours will probably go up as we move into the future because the growth is not slowing down,” Sideris told Fortune in a sit-down interview recently, citing the AI surge. “We’re only beginning. This thing is not just a blip; it’s going to go on for a while into the foreseeable future.”
