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HomeAI

AI

Three Mile Island
AI

Three Mile Island was the site of the country’s worst nuclear disaster. Now AI energy demands might turn it back on

July 12, 2024 Mariel Alumit

In 1979, a partial meltdown of a reactor at the Three Mile Island nuclear plant along the Susquehanna River in Pennsylvania brought America’s nuclear fears to life. For the past five years, that plant has been dormant, […]

ESG
AI

Power-guzzling AI to drive ESG debt sales, Morgan Stanley says

July 12, 2024 Mariel Alumit

(Bloomberg) — The global artificial intelligence frenzy is driving demand for energy-intensive data centers, which could end up being a factor that boosts sales of green debt in the U.S., according to Morgan Stanley. Sales […]

electricity demand
AI

US electricity demand to hit record highs by 2025

July 11, 2024 Andy Del Prado

The US Energy Information Administration (EIA) has released its latest forecast, predicting that electricity consumption in the US will surge to record highs in 2024 and 2025. This increase is attributed to growing demand across […]

AI

Biden’s Net Zero Plans Worsen Prices

July 10, 2024 Andy Del Prado

Daily Standup Top Stories BP Shares Plummet on $2 Billion Impairment Warning July 9, 2024 Mariel Alumit Shares in BP fell by as much as four percent this morning after it warned it was expected to […]

electricity prices
AI

US electricity prices rise again as AI, onshoring may mean decades of power demand growth: BofA

July 9, 2024 Mariel Alumit

Dive Brief: The year-over-year inflation rate for U.S. electricity prices reached 5.9% in May, up from 3.8% in January, according to Bank of America Institute, a think tank utilizing proprietary data to develop insights into […]

Transmission Lines
AI

Dark Side Of ‘The Next AI Trade’: Seizing Private Property For Transmission Lines

July 9, 2024 Mariel Alumit

There’s a dark side to ‘The Next AI Trade’—at least for some landowners. Powering up America and upgrading power grids for artificial intelligence data centers, onshoring trends, and the electrification of the economy will require thousands of […]

AI
AI

More natural gas infrastructure is needed to support AI growth | Opinion

July 8, 2024 Mariel Alumit

Artificial intelligence is vital to the next wave of innovations in technology and entrepreneurship. ChatGPT’s launch at the end of 2022 caught the public’s attention, but AI has already infiltrated major industries. Fifty percent of global organizations […]

AI

Week Recap: China’s Energy Dominance, Tech’s Nuclear Push, and U.S. Policy Shifts

July 6, 2024 Andy Del Prado

Weekly Daily Standup Top Stories China Surpasses Europe in Per Capita Energy Consumption June 30, 2024 Stu Turley China’s energy consumption per capita has surpassed that of Europe, driven by decades of economic growth and infrastructure […]

AI

Google falling short of climate target

July 4, 2024 Andy Del Prado

Daily Standup Top Stories French nuclear giant scraps SMR plans due to soaring costs, will start over July 3, 2024 Mariel Alumit The French nuclear giant EdF, the government owned company that manages the country’s vast […]

Google
AI

Google falling short of important climate target, cites electricity needs of AI

July 3, 2024 Mariel Alumit

Three years ago, Google set an ambitious plan to address climate change by going “net zero,” meaning it would release no more climate-changing gases into the air than it removes, by 2030. But a report […]

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