Artificial Inteligence

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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

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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

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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

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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 …

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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 »

Now You Know – Why Do Data Centers Require So Much Power and What Will Power Them?

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by EnergyNow Staff Data centers, the backbone of modern digital infrastructure, require substantial power for several reasons. They host thousands of servers, networking equipment, and storage systems, which collectively enable the functioning of the internet, cloud computing, artificial intelligence (AI), and big data analytics. As the demand for digital services has grown, so too has …

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NextEra Beats Third-Quarter Profit Estimates on Renewables Strength

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

Oct 23 (Reuters) – NextEra Energy’s third-quarter profit beat Wall Street estimates on Wednesday, helped by strength in its renewables unit. Growing demand from AI-backed data centers, along with homes and businesses using more electricity for heat and transportation, has brightened forecasts for utilities this year. The S&P index tracking utilities  jumped 18.4% in the third …

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Schneider Electric to Buy Data Centre Cooling Firm Motivair for $850 million

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Oct 17 (Reuters) – Schneider Electric  will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid cooling for high-performance computing, the French firm said on Thursday, beefing up offerings for rapidly-growing data centres. The all-cash deal, expected to close in the coming quarters, will give Schneider a stake of …

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Amazon, Google Make Dueling Nuclear Investments to Power Data Centers with Clean Energy

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Amazon on Wednesday said that it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity to meet surging demand from data centers and artificial intelligence. The plans come as the owner of the shuttered Three Mile Island nuclear …

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