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How the US can win the AI race without driving up energy costs

Financial Times LogoFinancial Times1d ago

How the US can win the AI race without driving up energy costs - Financial Times

Quick Summary:

But AI has created the need for large data centres that are much more energy intensive, which the IEA estimates could have a power demand of about 100MW or more.

Several state legislatures — including New York, Virginia and Oregon — have proposed or introduced bills this year to regulate data centre energy use in order to protect consumers from higher prices.

But he added it is not possible in “much of the rest of the country” because of how the electricity industry is regulated.“This is an amazing economic opportunity for the United States to support a critical industry and do so in a way that is cost effective and clean,” Dyson said, adding there is an “opportunity” to consider shifts to power market regulations at the federal and state level to bring the power couple model to the country.


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Article Details

Author / Journalist: Amanda Chu

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 12:00:53 (1 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1114 words

Reading Time: 7 minutes read

Sentences: 38 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 26292842

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 17 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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