(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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
More AI/data center yelling – we’d better pay attention to the energy consequences The energy world has been in turmoil for quite some time, though the drama has been much more pronounced over the past […]
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