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Failure to meet surging data center energy demand will jeopardize economic growth, utility execs warn - TL;DR CNBC

Failure to meet surging data center energy demand will jeopardize economic growth, utility execs warn

Publishing timestamp: 2024-06-30 10:54:01


Summary

The U.S. is facing a massive surge in power demand from data centers and the electrification of the economy. Major utility companies are warning that failure to rapidly increase power generation could jeopardize the nation's economy. Tech giants are urgently requesting more power as they bring data centers online, and the challenge will be connecting these projects to the power grid. The CEOs of NextEra Energy, Southern Company, and Dominion Energy all emphasize the importance of meeting this demand for economic and national security.


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Keywords: southern cometa platforms incnextera energy incutilitieselectric power generationdominion energy incmarketsamazon.com incenergybusiness newsalphabet incbreaking news: marketsmicrosoft corp

Source: https://www.cnbc.com/2024/06/30/failure-to-meet-surging-energy-demand-will-jeopardize-economic-growth-utility-execs-warn.html


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