Four Takeaways From Day One of the BloombergNEF Summit New York

The BloombergNEF annual summit in New York kicked off on Tuesday as the war in Iran fuels a resurgence of interest in fossil fuel alternatives and the US sees a massive push for more electricity to feed data centers.

The confluence of those two themes reveals a key shift: Oil and gas are still drivers of the global economy, but scaling electricity is quickly becoming just as important. The BNEF Summit New York put these trends in context. Here are four takeaways from day one.