Rising energy prices put AI and data centers in the crosshairs | TechCrunch

Image for article Rising energy prices put AI and data centers in the crosshairs | TechCrunch
News Source : TechCrunch

News Summary

  • 80% of consumers are worried about the impact of data centers on their utility bills.
  • Data centers today consume about 4% of the electricity generated in the United States, more than double their share in 2018.
  • By 2028, consumption is forecasted to rise to 6.7% to 12%.Generation has managed to meet demand thanks to a surge in new capacity from solar, wind, and grid-scale battery storage.
  • Meanwhile, natural gas, another source of energy favored by data center operators, hasn’t met the moment.
As tech companies tout their plans for massive new data centers, consumers are increasingly worried the AIdriven gold rush will ultimately drive up the price they pay for electricity, according to a [+2885 chars]

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