digital infrastructure power consumption

Massive 10-Gigawatt AI Datacenter in Ohio

The rapid expansion of hyperscale data infrastructure in Ohio driven by a public–private partnership between American Electric Power and SoftBank Group is poised to fundamentally reshape the state’s electricity market. While the development of a 10-gigawatt data center complex represents economic growth and technological investment, it also introduces unprecedented pressure on the state’s already strained energy supply, with direct implications for electricity pricing. To understand the scale, consider that Ohio’s peak electricity demand was approximately 9.4 GW in 2023.… Read More »

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Futures Prices Point to Spike in U.S. Natural Gas Prices in 2025

Futures Prices Point to Spike in U.S. Natural Gas Prices in 2025 The benchmark natural gas prices in the United States could be set for a jump next year, according to the futures curve of the Henry Hub contract. The forward strip of the Henry Hub futures prices suggests that U.S. natural gas prices could average $3.20 per million British thermal units (MMBtu) next year, according to LSEG data reported by Reuters columnist Gavin Maguire. This would compare to an average price of… Read More »

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Gas utilities defend Mass. pipeline extensions as state probes fuel’s future

Gas utilities defend Mass. pipeline extensions as state probes fuel’s future Policies that govern how new and existing gas utility customers share the cost of pipeline extensions remain an important part of the regulatory framework in Massachusetts, companies told state regulators overseeing a so-called Future of Gas proceeding. The line extension policies — and customer growth more broadly — are not inconsistent with current state climate policy, the companies said. The gas distributors stressed that they have already taken steps to limit new… Read More »

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Natural Gas: A Comprehensive Guide To The World’s Most Crucial Fuel

Natural Gas: A Comprehensive Guide To The World’s Most Crucial Fuel By Michael Kern – Aug 05, 2024, 10:30 AM CDT Natural gas is a fossil fuel made up of methane and other hydrocarbons formed from the decomposition of organic matter. It is extracted via various methods and used as an abundant and relatively inexpensive source of energy for heating, cooking, and electricity generation. While natural gas has its benefits, it also poses environmental concerns such as greenhouse gas emissions and… Read More »

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Big Oil Doubles Down on LNG as Renewables Falter

By Irina Slav – Aug 06, 2024, 7:00 PM CDT Supermajors are scaling back renewables projects and investments due to poor returns compared to LNG. Big Oil prioritizes growing its LNG business, seeing strong demand for natural gas in the medium to long term. Renewables commitments falter as European oil and gas firms focus on energy security amid the energy crisis and skyrocketing prices. Read more From: oilprice.com

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