Artificial Inteligence

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AI’s Energy Hunger Fuels Geothermal Startups but Natgas Rivalry Clouds Future

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Geothermal, Latest, Natural Gas, Renewable Energy, US News / By

(Reuters) – Geothermal energy startups are on the upswing with Big Tech companies looking to feed their power-intensive AI data centers, but long-term investments remain uncertain as oil majors double down on natural gas. Meta  and Alphabet’s  Google are among the tech companies partnering with startups proposing to produce geothermal electricity, to power their data centers. Large …

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Fossil Fuels Initially Needed for AI Boom, Nuclear Expert Says

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil / By

Tepco adviser Klein says gas likely required in the short term Japan is going to need ‘more and more electricity,’ he says The rise of artificial intelligence will drive a surge in electricity demand that’ll initially be met by fossil fuels, before nuclear replaces that source, the head of a body advising Japan’s top utility …

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Trump and the AI Power Boom Are Putting Utility Climate Goals at Risk

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas / By

Some US utilities say rising demand from data centers means fossil fuels will be needed for longer Big US utilities’ climate goals are in peril as artificial intelligence turbocharges electricity demand and Donald Trump’s reelection signals policy shifts that would favor fossil fuels. These companies all have ambitious targets to cut their carbon emissions, most often to reach …

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AI Boom Propels a Wild-West-Era Texas Landowner to 230% Stock Rally

Artificial Inteligence, Energy Topics & Technology, Latest, US News / By

Texas Pacific Land Corp.’s value has soared as Big Tech plows cash into sprawling US data centers A Texas land company founded during the Wild West era more than a century ago is becoming an unlikely beneficiary of market euphoria over artificial intelligence. Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its …

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AI Power Demand Complicates Low-Carbon Goals, Dominion CEO Says

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Nuclear, US News / By

Data centers make it harder to retire fossil-fuel plants Demand also spiking from new factories and electric vehicles The boom in power demand from data centers and artificial intelligence creates a conflict between maintaining a reliable grid and cutting carbon emissions, according to the head of Dominion Energy Inc. “There’s a little bit of tension there …

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KKR Sees $250 Billion Spent Annually From Data Center Boom

Artificial Inteligence, Energy Topics & Technology, Latest, US News / By

Alternative investment manager is leaning into data centers Operators of the facilities looking for new power sources Soaring demand for data centers to support artificial intelligence and cloud-computing will boost global spending in the sector to $250 billion a year, according to KKR & Co. The US is the biggest developer of data centers. That infrastructure …

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Big Oil Sees AI Boom Driving ‘Crazy Demand’ for U.S. Natural Gas

Artificial Inteligence, Energy Topics & Technology, Latest, Natural Gas, US News / By

Bloomberg News A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming a major boon for the fossil fuel industry. That’s was the view of Murray Auchincloss, chief executive officer of BP Plc, who sees the technology sector’s hunger for reliable energy supplies …

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Private Equity’s Next Bet on Artificial Intelligence Is Nuclear Energy

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Nuclear, US News / By

Climate goals, data centers driving interest in atomic sector Amazon, Google, Microsoft have recently done power deals Some of the world’s biggest managers of private capital are making moves to finance and invest in nuclear power plants, latching onto a revival in the sector driven in part by tech giants’ electricity-intensive AI ambitions. Carlyle Group …

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Perspective: AI Power Demand Might Actually Turn Out to Be Good for Climate

Artificial Inteligence, Energy Topics & Technology, Latest, US News / By

Companies that profit from fossil fuels claim the increase in electricity demand driven by data centers will trigger investment in clean energy — in the long run.   Big energy companies are making the case that skyrocketing electricity demand from data centers — and the need to build more power sources to meet it — will …

Perspective: AI Power Demand Might Actually Turn Out to Be Good for Climate Read More »

AI Power Demand Might Actually Turn Out to Be Good for Climate

Artificial Inteligence, Energy Topics & Technology, Latest, US News / By

Companies that profit from fossil fuels claim the increase in electricity demand driven by data centers will trigger investment in clean energy — in the long run.   Big energy companies are making the case that skyrocketing electricity demand from data centers — and the need to build more power sources to meet it — will …

AI Power Demand Might Actually Turn Out to Be Good for Climate Read More »

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