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Amid explosive demand, America is running out of power | AI and the boom in clean-tech manufacturing are pushing America’s power grid to the brink. Utilities can’t keep up.
Artificial intelligence, data centers and the boom in clean-tech manufacturing are pushing America’s aging power grid to the brink. Utilities can’t keep up.
Industry forecasts show the centers eating up a larger share of U.S. electricity in the years that follow, as demand from residential and smaller commercial facilities stays relatively flat thanks to steadily increasing efficiencies in appliances and heating and cooling systems. A huge amount of clean energy is also needed to create the green hydrogen championed by the White House, as developers rush to build plants that can produce the powerful zero-emissions fuel, lured by generous federal subsidies. The result, said Ben Hertz-Shargel, who authored the Wood Mackenzie analysis, is that crypto’s drain on the grid threatens to inhibit the ability of Texas to power other energy-hungry operations that could drive innovation and economic growth, such as factories that produce zero-emissions green hydrogen fuel or industrial charging depots that enable electrification of truck and bus fleets.
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