Bloomberg: Demand For Electricity For AI And Renewability Initiatives Drives Natural Gas Powered Developments

As Artificial Intelligence continues to grow in usage and capability and renewability and zero emission standards for energy usage take hold across many regions in America, the growth in development of natural gas powered plants has continued to expand in 2024 despite expectations that demand may have peaked according to Bloomberg.

Everyday electricity demands, especially under the heat waves of the recent summer and the emergencies in the Pacific West related to weather and fires, continues to stretch electrical grids and capacity leading to the development of natural gas in Inter Mountain West states where power generation development is part of economic development planning.

As AI and renewable/zero emissions standards will cause a historic doubling and potentially tripling of energy demand within the next 25 years, we at the Association of Western Employers are keeping close track of how states are responding. We will continue to keep close watch on this story.

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