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AI Boom Is Driving a Surprise Resurgence of US Gas-Fired Power [Bloomberg]

“From Florida to Oregon, utilities are racing to meet a surge in demand from power-hungry AI data centers, manufacturing facilities and electric vehicles. The staying power of gas, which in 2016 overtook coal as the No. 1 US source of electricity, has surprised some experts who not so long ago had projected the era of frenzied domestic demand growth for the fuel might soon come to an end.

…

Gas plants are also attractive to grids trying to help back up the deluge of intermittent wind and solar power coming online. ‘Natural gas is an essential partner for maintaining grid reliability and deploying more renewables,’ said Dan Brouillette, president of Edison Electric Institute, which represents investor-owned utilities.”

Read the full article here: https://www.bloomberg.com/news/articles/2024-09-16/us-natural-gas-power-plants-just-keep-coming-to-meet-ai-ev-electricity-demand?embedded-checkout=true

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