AI Boom Leads to Record Costs on US Grid and Calls for New Plants

Southern CEO Warns of 'Revolution' If Power Bills Aren't Cheaper

(Bloomberg) — The chief of utility giant Southern Co. warned that Americans will revolt if they end up on the hook for the soaring power costs associated with AI demand.

Soaring Electricity Bills: Biggest US Power Grid Sets Power Costs At Record High To Feed Artificial Intelligence

This article was originally published by Tyler Durden at ZeroHedge under the title: Brace For Soaring Electricity Bills: Biggest US Power Grid Sets Power Costs At Record High To Feed AI Very soon, if you want AI (artificial intelligence) (and even if you don’t), you won’t be able to afford AC. Just this morning we warned readers that America’s largest power grid, PJM Interconnect, which serves 65 million people across 13 states and Washington, …

AI Demand Drives Largest U.S. Electricity Auction Price to Record High

Demand for electricity from data centers handling AI technology drove the price of the largest electricity auction in the United States to a new record, exceeding last year’s all-time high by 22%. Organized by PJM Interconnection, the capacity auction covers 20% of American consumers and aims to ensure that there is enough generation to respond to spikes in demand, averting blackouts. At this year’s edition of the auction, the price was $329.17 …

AI boom leads to record costs on US grid and calls for new plants

Businesses and households served by the largest U.S. power grid will spend a record $16.1 billion to ensure electricity supplies—a result that prompted immediate calls from utilities and energy groups to build more generation amid the AI frenzy.

Chicago area sees spike in electricity costs as power-hungry data centers fuel AI boom: 'The primary reason'

While artificial intelligence has become an integral component to many industries across the country, the energy needed to power the technology has come at a great cost. In Chicago, the recent boom in data center development has caused electricity costs to soar.  What's happening? As one of the largest cities in the United States, Chicago has long been known as a central hub for various industries throughout the years. And as we continue into th…

Brace For Soaring Electricity Bills: Biggest US Power Grid Sets Power Costs At Record High To Feed AI

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero