Artificial Inteligence

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

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

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

Artificial Inteligence, Energy Topics & Technology, Latest, Mergers and Acquisitions / By

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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AI Boom Could Spur Large-Scale Investments in Clean Energy

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

CALGARY — The coming boom in artificial intelligence represents both a threat and an opportunity for the clean energy transition, market experts suggest. No longer purely in the realm of the tech sector, AI has in recent years become an energy industry issue. The expected rapid rollout of the energy-hungry data centres needed to power …

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Microsoft Deal Signals Booming Demand from Data Centers to Power AI

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

By Reuters (Reuters) – U.S. utilities are finally signing concrete supply deals with data-center operators as the artificial-intelligence wave sparks a surge in power demand, paving the way for higher profits in the coming quarters. Data centers are expected to account for 8% of the power generated in the U.S. by 2030, compared with 3% in …

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Not So Fast: U.S. Nuclear Plants Won’t Power up Big Tech’s AI Ambitions Right Away

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

Summary Resurrecting Three Mile Island could take awhile Local opponents hold memories of 1979 incident NRC busy with nuclear power permit requests NEW YORK/WASHINGTON Sept 24 (Reuters) – Constellation Energy  and Microsoft  plan to restart the Three Mile Island nuclear plant, hoping they have scored a quick source of enough climate-friendly energy to power rapidly …

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Diamondback Eyes Natural Gas to Generate Power in Oil Patch

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

Permian Basin explorer aims to meet electrification demands Company also looking at using small nuclear reactors for power Diamondback Energy Inc., one of the Permian Basin’s biggest oil companies, is considering using some of the natural gas it produces to generate electricity to run drilling and fracking operations. Permian producers have increasingly shifted operations from …

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Chevron CEO Hits Biden’s Natural Gas Policies, Says Fuel is Crucial for AI

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

Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden’s administration for what he described as “attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI). The CEO’s remarks followed new government plans over policies to prevent power-hungry AI data …

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AI Boom Is Driving a Surprise Resurgence of U.S. Gas-Fired Power

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

Energy companies in the US are planning new natural gas-fired power generation at the fastest pace in years, one of the clearest signals yet that fossil fuels are likely to have a longer runway than previously thought. From Florida to Oregon, utilities are racing to meet a surge in demand from power-hungry AI data centers, …

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