Grid constraints that were once a hallmark of developing economies are now plaguing the world’s richest nations, and new research from Bloomberg Economics finds that rising electricity system stress is directly hurting investment. The analysis examined all G20 countries and found that a one-standard-deviation increase in grid stress relative to a country’s historical average lowers the investment share of GDP by around 0.33 percentage points — a 1.5% to 2% hit to capital…

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