6 Since the first ENACT Majlis held in Abu Dhabi in November 2024, much has happened and many of the actions identified have seen material progress. In that short space of time, 12GW of additional data center capacity has been added in the US, putting the energy system under strain, while AI has helped to accelerate technical and scientific progress and improve corporate productivity. Last year, energy, AI, investment and climate leaders defined a broad five-point action agenda, to help realize the transformative potential of AI and drive adoption across diverse energy systems: • Drive AI Integration: Develop a common framework to integrate surging AI demand in the energy system, including the development of a global integrated energy model (GIEM). • Deploy AI to Transform Energy: Use AI to plan and deploy infrastructure faster and decarbonize energy production, delivery and consumption • Empower the Emerging Economies: Address the technology and energy access gap through AI and energy partnerships • Mobilize Financing: Create financing models that incorporate the AI and energy value chain as a whole • Embrace AI Adoption and Build Talent: Develop concrete plans to create the necessary culture for AI and energy to work together and tackle the energy sector’s talent gap In June, we met up for the second ENACT in Washington and focused on opportunities and challenges in the US, developing a cross-sector framework for AI’s energy challenge to the solve for the short-term surge (2030) and address long-term uncertainties (2050) across energy, infrastructure, investment and policy. In this report we explore the progress made since the first ENACT, the changes that have happened in the market, the lessons learnt, and the next steps needed to turbo-charge the global economy with the twin engines of energy and AI, through: • Meeting energy demand growth needed to support the next wave of AI growth • Build generation and infrastructure at scale and pace while maximizing the integrated economic value • Fund the growth efficiently through the effective distribution of capital The ENACT Journey Responding to the short-term surge Delivering a smarter build-out for the long-term • Maximize the output of existing power generation capacity • Raise the load and reliability of transmission infrastructure • Enable demand management from all users • Deliver affordable energy for all • Optimally site the next wave of infrastructure • Build and fund a 21st century grid • Create a smart energy economy • Accelerate next- generation energy technologies