The Winners And Losers Of The AI Power Boom Authored by Tsvetana Paraskova via OilPrice.com, AI technology is causing a surge in US power demand, especially from data centers. This is pushing up wholesale electricity prices, boosting profits for power producers. Consumers are likely to face higher electricity bills as utilities invest in grid upgrades to meet the rising demand. The U.S. power market is poised for a major shake-up as consumption is soaring amid the AI technology boom. The surge in power demand, led by data centers, has started to create winners in the American electricity sector. Expectations of… — Continue at ZeroHedge News : Read More
