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.
One of the reasons why NGas prices are going up
One of the reasons why NGas prices are going up
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: One of the reasons why NGas prices are going up
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
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
Energy Prospectus Group
Re: One of the reasons why NGas prices are going up
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.
It will take over 100 new gas fired power plants of all sizes to meet rising demand for electricity.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group