The electric utility industry is undergoing a massive transformation, grappling with unprecedented demand and complex challenges. Major mergers, such as the Black Hills Core and Northwestern Energy deal, are strategic responses to surging energy demand, particularly from data centers. Simultaneously, the industry faces escalating cybersecurity vulnerabilities, operational risks, and regulatory debates over transmission project approvals. This episode explores how utilities are striving to balance rapid demand growth, grid resilience, and security while ensuring affordability for all customers.