AI companies are building huge natural gas plants to power data centers. What could go wrong? | TechCrunch

Image for article AI companies are building huge natural gas plants to power data centers. What could go wrong? | TechCrunch
News Source : TechCrunch

News Summary

  • The rush to lock down power for data centers is now begetting a mad dash to secure natural gas supplies and equipment.
  • The scramble for natural gas has led to a shortage of turbines for the power plants, with prices likely to rise 195% by the end of this year.
  • Tech companies might be able to shield themselves from scrutiny for a bit by moving their gas power plants behind the meter.
  • But natural gas isn’t an unlimited resource, and if their ambitions grow too big, even the behind-the-meter operations could drive up power prices for everyone.
Who doesnt love a good round of FOMO? From dotcom to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend.The AI bubble is the big [+4097 chars]

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