US EditionAI Demand Could Drive up US Electricity Bills – Even if It Fizzles
UNITED STATES, JUL 17 – The White House study forecasts electricity prices may rise 9% to 58% by 2030 due to AI data center demand without increased energy investments, requiring $1.4 trillion in funding.
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NewScientist
Anti-Aging, Acupuncture and Health NewsAI demand could drive up US electricity bills – even if it fizzles
A rush to build more energy infrastructure is driven in part by inflated estimates of US data centre growth. That means households and small businesses could face higher electricity bills – even if AI demand falters
Electricity prices may spike due to AI demand if US doesn't boost energy output, White House warns
FIRST ON FOX BUSINESS – A new White House study warns that electricity prices may spike due to artificial intelligence demand if the United States does not boost energy output. The White House Council of Economic Advisors is expected to release a report on Thursday that found energy needs for AI data centers will exceed the total energy consumed by many sectors to make some construction products."The International Energy Agency (IEA) estimates t…
With electricity prices surging as much as 20% this summer, New Jersey Governor Phil Murphy signed a new law to study how fast-growing artificial intelligence technology is driving up energy costs. The law requires the state Board of Public Utilities (BPU) to complete a study within a year to clarify the impact of data center electricity use. Data centers consume a lot of energy because they support artificial intelligence technology (AI), inclu…
Rising Demand for AI May Increase Electricity Bills in the US, Even with Caution
Even speculative AI energy consumption can raise electricity bills Oscar Wong/Getty Images The technological aspirations of high-tech firms are set to necessitate a substantial increase in power-hungry data centers. This rising demand poses a risk of higher electricity bills for everyone, even if some data centers remain unbuilt. Utility companies in the U.S. are hastily [...] The post Rising Demand for AI May Increase Electricity Bills in the U…
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