AI could drive a natural gas boom as power companies face surging electricity demand
by CNBC
CNBC— Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.
Tech Times—AI's Energy Needs Could Catapult Natural Gas Demand. The next decade could be big for Natural gas producers as artificial intelligence's energy demands could go beyond renewable sources of electricity.
CNBC—Chevron CEO says natural gas demand will outpace expectations on data center electricity needs. Chevron CEO Mike Wirth says natural gas will play a key role in powering data centers as renewables still face challenges supplying peak demand.
DutchNews.nl—Netherlands could face power shortages from 2030 as demand rises. Dutch households could face blackouts and spikes in energy prices after 2030 because the network is struggling to meet rising demand. Network operator Tennet warned that the closure of three coal-fired power stations in 2030 was likely to lead to shortages across the network, mostly on winter evenings when demand is highest. Spokesman Patrick van Rijt said: “On average we’ll have 14 hours a year when there is not enough power to meet demand across the whole country.” Wind farms