Data centers that power artificial intelligence (AI) are spiking demands for electricity and are projected to double 2022’s U.S. electricity demand before 2027.
Tag: natural gas
EUROPE’S GAS PRICES JUMP AS TRADERS FEAR SHORTAGES
On 12 October, natural gas prices in Europe shot up to their highest since March as traders worried that the new Mideast war will sharpen global demand for fossil fuels. Also, Finland speculated that a leaking pipeline between it and Estonia had been sabotaged.
NEW ENGLAND WILL LIKELY SEE PUNISHING NATURAL GAS PRICES THIS WINTER
Magical thinking has now led to an impending crisis in New England which relies more heavily on natural gas for home energy and heating than anywhere else in the country.