Artificial Inteligence

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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

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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 …

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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?

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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