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Data centers push Georgia Power toward natural gas, sparking cost concerns
  • Uncategorized

Data centers push Georgia Power toward natural gas, sparking cost concerns

Cs news4 months ago09 mins

Hundreds of construction workers are on the job around the clock building Georgia’s energy future at Plant Yates, where they’re expanding a former 1950s coal power plant into a state-of-the-art natural gas powerhouse. Georgia Power says it’s part of a massive multi-year expansion that will help them meet a surging energy demand as new data…

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Texas Governor Greg Abbott and Alphabet CEO Sundar Pichai lead a panel at the Google Midlothian Data Center in Midlothian, Texas. Google plans to invest $40 billion in new Texas data centers through 2027.
  • Uncategorized

Data centers are scrambling to power the AI boom with natural gas

Cs news6 months ago016 mins

Boom Supersonic wants to build the world’s first commercial supersonic airliner. Founded in 2014, the company set out to make air travel dramatically faster — up to twice the speed of today’s passenger jets — while also aiming for a smaller environmental footprint. For years, Boom has focused on developing the high-performance engine technology needed…

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Texas is facing a 'broken' shale industry. AI's power needs could be a lifeline.
  • World News

Texas is facing a ‘broken’ shale industry. AI’s power needs could be a lifeline.

Cs news9 months ago011 mins

The Texas shale boom is showing signs of cooling, but demand from the AI boom could help steady the state’s flagging energy industry. Production activity in America’s oil and gas sector, concentrated in Texas, fell in the third quarter, according to data released in September by the Federal Reserve Bank of Dallas. This marked the…

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Why GE's power spin-off is one of the biggest winners from the AI boom
  • Finance

Why GE’s power spin-off is one of the biggest winners from the AI boom

Cs news1 year ago1 year ago04 mins

GE Vernova’s (GEV) latest quarter highlights why the power equipment maker is a Wall Street favorite. Shares of the Cambridge, Mass.-based company rallied 15% on Wednesday after orders for gas turbines and other equipment jumped in the second quarter — thanks to the AI-boom build-out of data centers, which have fueled electricity demand. It continued…

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