Electricity demand on the largest US grid is poised to rise so fast thanks to the AI boom that it’ll be the equivalent of installing two New England networks in the coming decade, reports Bloomberg.
PJM Interconnection LLC, which manages the 13-state system stretching from Washington DC to Illinois, expects peak summer demand to jump by nearly 58 gigawatts, or 38 per cent, to about 210 gigawatts in 2035 from last year’s high, according to a report on Friday. That addition is more than double the peak demand record on the New England grid.
Power usage in PJM and the US more broadly is expected to climb at an unprecedented clip as data centers used to run artificial intelligence proliferate and become much larger. Individual facilities planned would guzzle enough energy to power entire cities.
While both the Biden Administration and now President Donald Trump have declared the need to deploy AI for national security and economic interests, the massive surge in expected power demand will likely strain aging US electric infrastructure and supplies.
At Davos this week, Trump said power plants need to be built alongside data centers to bypass delays and reliability issues posed by connecting to an increasingly stressed grid.
OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker,...
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has established the Pakistan-EU Business...
After promising to unleash “the big one”, President Donald Trump signed a measure Feb. 13 directing his...
KARACHI: President of the Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has criticised the...
KARACHI: Pakistan stocks closed higher during the outgoing week. The market is expected to remain positive amid...
Out of the record 34 memorandums of understanding (MoUs) signed during Turkish President Recep Tayyip Erdogan’s...
LAHORE: National Coordinator of the Special Investment Facilitation Council (SIFC) Lt General Sarfraz Ahmed has...
KARACHI: The rupee is anticipated to remain range-bound versus the dollar next week, despite a decline in foreign...