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The Hidden Costs of AI: Why Data Centers Are Controversial
Digital Asset News· 2025-12-02 05:54
uh seats that are up for grabs and why recent Democrats have won it is because they have made one of their priority issues which is this no data centers in your county and the reason they don't want these data centers for AI is because it skyrockets the uh price of electricity which we thought that was a problem with Bitcoin and now it's coming out for AI so they're actually stopping this in specific counties because the people that are nominated have come in and said that they're going to they actually jus ...
X @Bloomberg
Bloomberg· 2025-11-26 18:12
American households are paying more than ever before for electricity after prices surged the most in almost two years, according to the US Energy Information Administration https://t.co/fcG433m1Wt ...
Here's what's happening to electricity bills in states with the most data centers
CNBC Television· 2025-11-14 19:49
Illinois, Virginia, Ohio, Texas, and California have the highest concentration of data centers in the US. Residents in those states have seen their electricity bills go up substantially this year. >> If we look at Department of Energy data, on average, electricity prices have increased about 6% year-over-year from August of 2024 until August of 2025.The independent market monitor for PJM found that data centers are overwhelmingly responsible for the increase in capacity prices. a data center campus running ...
X @The Economist
The Economist· 2025-11-02 22:40
Core Finding - The study investigates the impact of data centers on state-level retail electricity prices [1] Methodology - A model of state-level retail electricity prices was adapted to include data centers [1] Key Question - The report addresses whether data centers are responsible for increased electricity bills [1]
X @The Economist
The Economist· 2025-10-30 15:24
RT Archie Hall (@ArchieHall)Have data centres raised power bills?Not really, our analysis @TheEconomist finds—at least so far. Adding data centres to a state-level model of electricity prices shows no significant effect.But backlash is brewing. Link ⬇️ to my latest, on the politics of the data centre. https://t.co/toge2FICR6 ...
FirstEnergy CEO: Investing in transmission grid as data center demand rises
CNBC Television· 2025-10-23 16:27
Load Growth & Grid Investment - First Energy anticipates significant load increases due to data centers and electrification, necessitating investment in the transmission grid [2] - The company plans to increase its 5-year capital expenditure (CAPEX) plan for transmission by approximately 30% [3] - A strong and growing transmission grid is crucial to support AI, data centers, and chip investments [3] Labor Force & Training - First Energy is addressing labor needs through apprenticeship programs and hiring experienced line workers [5] - The company is actively training its workforce to support infrastructure investments and economic growth [5] Investment & Demand - First Energy ensures that hyperscalers and data center developers commit to paying for infrastructure investments to serve them [7] - This commitment provides confidence in sustained load and prevents existing customers from bearing the cost of potential overbuilding [7] Electricity Prices & Regulation - Generation accounts for 85% of the year-over-year increase in customer bills in four of First Energy's five states, where it operates as a wires-only company [9] - In the state where First Energy is fully integrated, year-on-year rates for customers were flat [9] - First Energy is working with regulators, governors, and customers to mitigate the impact of increasing generation costs [10]
Chamath’s Fix for AI: Big Tech Should Pay Your Electric Bill
All-In Podcast· 2025-10-20 15:10
Google was planning a $1 billion spend on a data center in Indianapolis. There was enough push back and so I think to avoid what would have been an awkward press cycle, Google just pulled it. In this same week, it happened two other times.In Wisconsin, there was a proposal very similar to Google's, but this time from Microsoft, and in the 11th hour, Microsoft pulled it. And then in the third example, there was an attempt by an Amazon data center to get built near Tucson that I think also was mothball. I do ...
X @Bloomberg
Bloomberg· 2025-10-13 13:46
German electricity prices for Tuesday jumped to their highest level since February as low wind levels continue to affect the nation’s thousands of wind turbines with more expensive coal and gas-fired plants needed https://t.co/emq4q3roar ...
X @Bloomberg
Bloomberg· 2025-10-02 00:18
Market Trends - Spain's increasing renewable energy production is reducing the influence of natural gas on electricity prices [1] - This trend distinguishes Spain from much of Europe, where fossil fuels still determine electricity costs [1]
Energy Sec. Chris Wright: 'We can deliver AI and stop the rise in electricity prices'
CNBC Television· 2025-09-24 15:15
Energy & AI Industry Concerns - Some states are concerned that bringing AI and AI data centers will drive up the cost of energy for ordinary Americans [1] - AI data centers require 99.999% uptime, raising questions about energy prioritization during emergencies like hurricanes [3] Solutions & Strategies - The industry aims to deliver AI and stop the rise in electricity prices through common sense and data-driven approaches [1] - Turning on backup generators at data centers and critical facilities during peak demand can keep the grid robust [5] - Addressing restrictive EPA rules that prevent the use of backup generators is crucial [4] - Securing the grid and lowering the average delivery cost should be the ultimate impact of AI [3] Examples & Agreements - Google signed a deal with Georgia Power and Light to build a huge data center, locking in their rates for 3 years with no increases [2] Grid & Demand - The only time there is a shortage of electrons is at peak demand time [4] - Consumers will always get the energy first [4]