2040 accelerator economic growth innovation 
American Entrepreneurship
JUNE 21, 2023
(June 21, 2023) – In May , the New Jersey Economic Development Authority (NJEDA) Board approved five grant applications totaling more than $3.7 This is another step towards achieving 11GW of offshore wind by 2040 while creating a better future for the next generation.”
Andreessen Horowitz
APRIL 11, 2024
Currently, we face a critical challenge: our electricity demands — expected to nearly double by 2040 due to factors like AI compute, reshoring , and “electrification” — are soaring, but our grid infrastructure and operations struggle to keep pace. Of course, such evolutions breed new challenges, and we need innovation to bridge the gap.
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