One of the reasons why NGas prices are going up

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dan_s
Posts: 36299
Joined: Fri Apr 23, 2010 8:22 am

One of the reasons why NGas prices are going up

Post by dan_s »

The AI revolution has hit a major roadblock...

Around 95% of America’s current data centers aren’t equipped to handle the immense demands of modern AI.

Nvidia CEO Jensen Huang estimates that over $1 trillion will need to be invested to build AI-ready data centers in the coming years.

Companies like Amazon, Google, and Meta are racing to expand their data center capabilities, yet they face high costs and mounting challenges.
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MY TAKE: It will take a lot of natural gas fired power plants to meet AI's electricity demand.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 36299
Joined: Fri Apr 23, 2010 8:22 am

Re: One of the reasons why NGas prices are going up

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US weather: Freezing blast to grip half COUNTRY on Winter Solstice - ‘Coldest day so far!’

https://www.msn.com/en-us/weather/topstories/us-weather-freezing-blast-to-grip-half-country-on-winter-solstice-coldest-day-so-far/ar-AA1w9EGD
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 36299
Joined: Fri Apr 23, 2010 8:22 am

Re: One of the reasons why NGas prices are going up

Post by dan_s »

Good News for Comstock Resources (CRK): An American Electric Power (AEP) subsidiary plans to develop two natural gas-fired generation projects near the prolific Texas Haynesville shale play.

It will take over 100 new gas fired power plants of all sizes to meet rising demand for electricity.
Dan Steffens
Energy Prospectus Group
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