Artificial Inteligence

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Gas Turbine Shortage Is Forcing Companies Back to Coal

Artificial Inteligence, CDN and International News, Electricity Grid, Energy Topics & Technology, Latest / By

By Akshat Rathi, Stephen Stapczynski, and Oscar Boyd Booming electricity demand driven by AI is causing a shortage of gas turbines worldwide, Stephen Stapczynski and Akshat Rathi explain why on Zero podcast. Gas turbine components, rotors and stators, tested at the Siemens Energy AG manufacturing plant in Berlin, Germany. Photographer: Nicolo Lanfranchi/Bloomberg Rising power demand …

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CenterPoint Unveils $65 Billion Capital Spending Plan Over Next 10 Years

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

Sept 29 (Reuters) – CenterPoint Energy (CNP.N) on Monday announced it was planning $65 billion in capital spending from 2026 through 2035, as U.S. utilities rush to capitalize on surging power demand. Data centers dedicated to artificial intelligence and cryptocurrency, as well as the electrification of industries such as transportation, are driving up U.S. power …

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US to See $350 Billion Nuclear Boom to Power AI, Report Says

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

Soaring demand for electricity will drive a $350 billion nuclear spending boom in the US, boosting output from reactors by 63% by 2050, according to Bloomberg Intelligence. The key driver is power-hungry data centers running artificial intelligence systems, and that investment will add 53 gigawatts of reactor capacity, bringing the total nuclear fleet to 159 …

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KKR, Blackstone Make $17 Billion Natural Gas Bet After AI Boost

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

By Josh Saul and Ellen Schneider Investment giants KKR & Co. and Blackstone Inc. are leading a combined $17 billion investment in the natural gas industry, marking a massive push of private funds into a sector helping to quench artificial intelligence firms’ relentless thirst for energy. KKR and Canada Pension Plan Investment Board on Tuesday …

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Microsoft Boosts Wisconsin Data Center Spending to $7 Billion

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Microsoft on Thursday said it plans to build a second massive artificial intelligence data center in Wisconsin, bringing its spending in the state to more than $7 billion. The new $4 billion project will join a $3.3 billion data center in Mount Pleasant in the southeastern corner of the state, announced last year. Microsoft said …

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Entergy to Build Three Gas Plants for Meta’s Biggest Data Center

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

By Josh Saul and Riley Griffin Louisiana regulators approved Entergy Corp.’s plan to build three natural gas plants to power Meta Platform Inc.’s biggest data center. Meta’s latest and largest data center is a 4 million–square–foot complex in rural Louisiana intended to support the company’s most powerful artificial intelligence models. Meta Chief Executive Officer Mark …

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Power Producers Need to Sign Big AI Deals to Justify Soaring Share Prices

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

Investors counting on a data center-fueled surge in US electricity demand are getting impatient. Some of the investors who drove NRG Energy Inc., Vistra Corp. and others to historic highs on optimism over surging data-center demand are starting to lose patience with the independent power producers. That’s because deals to supply the massive facilities with electricity are moving too …

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Microsoft, US National Lab Tap AI to Speed Up Nuclear Power Permitting Process

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

By Stephen Nellis SAN FRANCISCO, July 16 (Reuters) – Microsoft and a U.S. national laboratory on Wednesday said they are partnering to examine how artificial intelligence could be used to speed up the process of compiling the documents needed to secure permits for new nuclear power plants. Microsoft (MSFT.O) and the Idaho National Laboratory (INL) …

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Google Inks $3 Billion US Hydropower Deal in Largest Clean Energy Agreement of its Kind

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

By Laila Kearney NEW YORK, July 15 (Reuters) – Google has agreed to secure as much as 3 gigawatts of U.S. hydropower in the world’s largest corporate clean power pact for hydroelectricity, the company said on Tuesday, as Big Tech pursues the expansion of energy-hungry data centers. The deal between Google and Brookfield Asset Management …

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Trump Joins Tech and Energy Executives Amid AI Push

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

By Jarrett Renshaw Trump to announce some $90 bln in energy and data center investments in Pennsylvania The event comes as White House prepares executive orders to boost AI and data centers Big Tech is scrambling to access a strained national power grid to power the energy-guzzling data centers PITTSBURGH, Pennsylvania, July 15 (Reuters) – …

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