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The race to Artificial General Intelligence (AGI) is bringing new stresses to the US electricity grid that was already under strain from extreme weather and new loads from electrification of transport, building systems, and automated manufacturing. Debate on solutions to the problem range from technological to regulatory reform and market design. Professor Amy Myers Jaffe discusses the interplay between technological solutions and social, policy and market design barriers to the future of the US electricity grid and implications for the global energy transition.

Amy Myers Jaffe serves as Director of the Energy, Climate Justice and Sustainability Lab at New York University’s School of Professional Studies and is a research professor who teaches graduate-level courses examining clean technology innovation and business, AI and Energy, and global climate finance. A leading expert on global energy policy, sustainability, and geopolitical risk, Jaffe is widely published on energy, commodity markets and finance and is author of several books, including her most recent book, “Energy’s Digital Future” published in 2021 by Columbia University Press and Oil, Dollars, Debt and Crises: The Global Curse of Black Gold (with co-author Mahmoud El-Gamal) published by Cambridge University Press in 2010. Jaffe is a regular contributor to the popular podcast “The Energy Gang” and to the Wall Street Journal and a frequent media commentator in television and print media. Jaffe holds a career prize in energy economics from the US Association for Energy Economics and also served as the organization’s President in 2020.

Jaffe has advised numerous organizations on geopolitical risk and sustainability including multinational organizations and major Fortune 500 companies. From 2014 to 2017, Jaffe served as senior advisor on sustainability to the Office of the Chief Investment Officer of the University of California, Regents, where she helped design the sustainable investing framework for the UC’s $140 billion pension and endowment funds. She has taught energy and sustainability classes at several universities including New York University, Rice University, Yale University and University of California, Davis.