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How AI data centers are driving up energy bills 04:01. New Jersey residents got some bad news earlier this year when the state's public utilities board warned that their electricity bills could ...
IDC forecasts that AI-specific data center energy consumption will grow at a compound annual growth rate of 44.7%, reaching 146.2 terawatt hours by 2027. These aren’t just abstract numbers.
The IRA is generally seen as a climate bill, but it was also an energy bill. It provided a jolt to the American power sector at a moment when the sector desperately needed new supply. Or so it seemed.
Senate Democratic Leader Chuck Schumer (N.Y.) is warning that the House-passed budget reconciliation bill will cause energy prices to increase by 10 percent because it will “kill” clean energy ...
The provision in the House bill passed by the lower chamber on May 22 would have prohibited states from enforcing any law or regulation “limiting, restricting, or otherwise regulating" AI models ...