AI Energy Demand Can Keep Fossil Fuels Alive, Tech Backers Promise World’s Two Biggest Oil Producers

AI Energy Demand Can Keep Fossil Fuels Alive, Tech Backers Promise World’s Two Biggest Oil Producers

Just before the November 2024 election, the International Energy Agency (IEA) released its flagship annual report on global energy markets – and the agency’s forecast suggested a new era was dawning. Over 150 years of growth in demand for fossil fuels has nearly reached its end, the IEA’s forecasts showed for a second year in a row. Fossil fuel demand will peak by the end of this decade, the organization affirmed, concluding that clean energy li…

Let’s not panic about AI’s energy use just yet

AI is driving demand for data centers that in turn are creating demand for more energy. Consider the transistor, the basic unit of computer processors. Transistors can be tiny, down to single-digit nanometers in size. Billions can fit on a computer chip. Though they have no moving parts, they…