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(Reuters) – The European Commission proposed rules on Monday requiring data centres in Europe to disclose how efficiently they use energy and water, as concerns grow over their consumption of resources. The EU wants to triple its data centre capacity over the next seven years, to support the rapid development of artificial intelligence and …
EU to Require Data Centres to Disclose Energy and Water Efficiency Read More »
By Julian Hast Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic feet per day in the ten years to 2035, even accounting for …
THE BIG BURN: US Data Centers Set to Burn More Natural Gas Than Most Nations Read More »
By Joyce Lee Grid bottlenecks, costs remain electrification barriers Seoul to target 35% electrification by 2035 with Asian countries Qatar supply disruption, European demand squeezing Asian LNG markets SEOUL, Sept 17 (Reuters) – The International Energy Agency’s chief said on Thursday the shift toward electrification remained firmly backed by capital markets even as grid capacity …
IEA Chief Says Electrification Remains the Way Forward Despite AI Investment Jitters Read More »
By Julian Hast Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic feet per day in the ten years to 2035, even accounting for …
US Data Centers Set to Burn More Natural Gas Than Most Nations Read More »
By Julian Hast Pennsylvania Governor Josh Shapiro’s new restrictions on data center development threaten a key source of demand growth for shale gas producers in the state, according to an industry trade group. “We were disappointed in the announcement in that it sends the wrong message to these incredible economic opportunities that are presented for …
Pennsylvania Data Center Limits Are a Threat to Gas Firms, Trade Group Says Read More »
By Thomas Seal, Brian Platt, and Christine Dobby Canada plans to show some of the world’s biggest investors a pitchbook laying out tens of billions of dollars’ worth of projects spanning data centers, advanced manufacturing, liquefied natural gas, ports and dozens of mines. A document seen by Bloomberg News features 167 projects intended to be …
Carney Woos Investors With Data Centers, Mines and LNG Deals Read More »
Summary Fuel costs could lift average monthly bill as much as 13% to $195 from $173 Virginia Electric expects 23% of energy supply from PJM wholesale market, up from 14% in 2021 Dominion says offshore wind project would save customers about $5 billion over first 10 year (Reuters) – Dominion’s fuel costs in Virginia …
Virginia Data Center Boom Pushes Dominion Deeper Into Costly Power Market Read More »
Equipment failures suggest unforeseen costs and reliability issues at the multibillion dollar facilities. By Naureen S Malik Rapid swings in AI data centers’ power demands are straining vital equipment, causing batteries, generators and cooling systems to malfunction or wear out far sooner than expected. As the AI boom accelerates, these technical problems suggest added costs …
AI’s Volatile Power Demand Is Damaging Its Own Data Centers Read More »
By Dharna Bafna July 30 (Reuters) – American Electric Power (AEP.O) on Thursday raised its current-year operating earnings forecast, supported by robust electricity demand from data centers and other large customers. U.S. utilities are ramping up efforts to address growing demand for power capacity from major technology companies that are setting up data centers to …
American Electric Power Lifts Forecast as AI Fuels Electricity Demand Read More »
(Reuters) – NextEra Energy, Brookfield and other companies are developing a $100 billion data center campus at a former uranium enrichment site in Paducah, Kentucky, the companies said on Wednesday. Soaring U.S. electricity demand is pushing companies to invest heavily in artificial intelligence data centers and other technologies straining an aging U.S. electric grid. NextEra, the …
NextEra, Brookfield Plan $100 Billion Kentucky Data Center Campus Read More »
