Artificial Inteligence

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COMMENTARY: Tech Giants’ Self-Made AI Energy Crisis – Alex Eptsein

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

For years tech giants have been helping climate catastrophists shut down reliable fossil fuel electricity. Now the grid they’ve helped gut cannot possibly supply their growing AI needs. By Alex Epstein For years tech giants have been helping climate catastrophists shut down reliable fossil fuel electricity, falsely claiming they can be replaced by solar/wind. Now …

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Duke Energy Beats First-Quarter Profit Estimates on Higher Rates

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

(Reuters) – Duke Energy  beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from higher rates and robust demand for electricity. Income from Duke’s electric utilities segment jumped 29% to $1.02 billion. “We have a clear path forward that will deliver sustainable value and 5% to 7% earnings growth over the next …

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AI Boom to Fuel Natural Gas Demand in Coming Years, Report Says

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

A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt & Co said in a report on Tuesday. As much as 8.5 billion cubic feet per day of natural gas could be required additionally …

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CERAWeek: AI Emerges as Next Shiny Thing in the Energy World 

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

Executives gathered at CERAWeek say the technology has potential to become a huge source of demand, as well as reshape production. The energy industry, which has prided itself on innovation since the days of kerosene lamps, has a flashy new technology to be bullish about: artificial intelligence. During on-stage discussions and one-on-one interviews, energy executives from …

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AI Promises Faster Oil Drilling and Even More U.S. Crude Supply

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

Companies use AI to run drill rigs and predict broken pumps Technology could slash costs and squeeze more oil from wells From a dark Houston control room, Rafael Guedes watched on a monitor as a robot took charge of a drilling rig in a North Dakota oil field, locking out the human operator. Glowing red …

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The AI Revolution Needs Chips, Software – and Gas Pipelines

Artificial Inteligence, Energy Topics & Technology, Latest, Natural Gas, Pipelines, Tri-Pinned, US News / By

Big metal tubes filled with flammable vapor aren’t an obvious element of the artificial intelligence vision. By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.   The fervor for all things AI …

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