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Odyssey Energy Solutions "We've had flat demand for years so now suddenly we're racing to catch up with the prospect of - fast energy." Co-Founder & CEO Odyssey Energy Solutions Emily McAteer on why meeting the AI energy demand is so challenging. #BloombergNewEconomy ⏯️

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Bloomberg New Economy

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20,176 görüntüleme • 9 ay önce •via X (Twitter)

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"There's a real risk of these economies being left behind because they don't have the energy to power AI infrastructure." Co-Founder & CEO Odyssey Energy Solutions Emily McAteer on countries being left out of the global AI race at #BloombergNewEconomy.
1:03

"There's a real risk of these economies being left behind because they don't have the energy to power AI infrastructure." Co-Founder & CEO Odyssey Energy Solutions Emily McAteer on countries being left out of the global AI race at #BloombergNewEconomy.

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President and CEO, Amin Nasser, highlights the need for a stable, secure, and inclusive energy transition, one that ensures a reliable supply, meets global energy demand, and is strengthened by AI-powered solutions
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President and CEO, Amin Nasser, highlights the need for a stable, secure, and inclusive energy transition, one that ensures a reliable supply, meets global energy demand, and is strengthened by AI-powered solutions

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Make energy cheaper, and demand shows up. Isaiah Taylor - making nuclear reactors, Founder of Valar Atomics, on why energy is the only truly scarce resource in the universe, and why they’re betting on it.
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Electrification, AI, and reshoring are reshaping energy demand. Oklo Co-founder and CEO Jacob DeWitte joins Bloomberg Bloomberg to discuss why the next wave of electricity demand is coming fast—and how Oklo is positioned to meet it in the midst of what he calls an “electrification boom across the board.” Watch full interview:
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Electrification, AI, and reshoring are reshaping energy demand. Oklo Co-founder and CEO Jacob DeWitte joins Bloomberg Bloomberg to discuss why the next wave of electricity demand is coming fast—and how Oklo is positioned to meet it in the midst of what he calls an “electrification boom across the board.” Watch full interview:

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Virginia is a leader in energy policy. We passed a first-of-its-kind energy consumption tax on data centers. And now, we're going to be the first state to run a group buying program for home solar and battery storage. We're taking real action to address high energy costs for Virginians and working to meet rising energy demand across the Commonwealth.
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Virginia is a leader in energy policy. We passed a first-of-its-kind energy consumption tax on data centers. And now, we're going to be the first state to run a group buying program for home solar and battery storage. We're taking real action to address high energy costs for Virginians and working to meet rising energy demand across the Commonwealth.

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Solutions to our energy challenges are waiting on Washington. The abundant resources beneath our feet are needed to meet demand and lead us out of the current energy crisis. We need strong, consistent policies that support the continued development of U.S. natural gas and oil.
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Solutions to our energy challenges are waiting on Washington. The abundant resources beneath our feet are needed to meet demand and lead us out of the current energy crisis. We need strong, consistent policies that support the continued development of U.S. natural gas and oil.

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Former Google CEO Eric Schmidt says energy demand for AI is infinite and we are never going to meet our climate goals anyway, so we may as well bet on building AI to solve the problem
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Scotland is one of the richest energy nations in the world. So why are bills still through the roof? If Westminster won’t bring them down, they should hand energy powers to Scotland. And if we're returned to government that's exactly what we'll demand. Make it Both votes SNP on Thursday 7 May.
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Scotland is one of the richest energy nations in the world. So why are bills still through the roof? If Westminster won’t bring them down, they should hand energy powers to Scotland. And if we're returned to government that's exactly what we'll demand. Make it Both votes SNP on Thursday 7 May.

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Chris Wright says the AI boom is fueling electricity demand, the first real growth in years. Reshoring manufacturing and energy exports also drive demand. He explains the U.S. must add 100 gigawatts of new firm capacity in five years, reversing a planned 80 gigawatt reduction. The challenge is balancing AI data centers with keeping energy affordable for ordinary Americans.
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Electricity demand was essentially flat for decades. Now it’s exploding. Heron Power CEO Drew Baglino: "Energy efficiency more or less negated the growth in energy services." "The net electricity delivered to accomplish those energy services stayed basically flat." "Even with all the AI things that are going on… And that has allowed more and more compute capability for the same percentage of GDP electricity production." "It's changing now that we can find more applications for AI than ever before." "We are seeing electricity growth higher than it's ever been before." "It's because we are seeing broad based demand for more electricity — compute, transportation, industrial electrification." Drew Baglino Heron Power Electronics
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AOC: And what are they asking for now? Endless energy. These companies are so desperate to profit from the AI boom that they are racing to construct thousands of giant AI data centers, jacking up utility costs for everyday Americans to pay for them. These data centers power thousands of high-intensity computer chips that are processing constantly and require massive amounts of energy to operate. Just one hyperscale data center consumes the same amount of energy in one second as 100,000 households. Because of this massive energy use, power and water utility companies must build multibillion-dollar infrastructure to keep up with the demand.
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AOC: And what are they asking for now? Endless energy. These companies are so desperate to profit from the AI boom that they are racing to construct thousands of giant AI data centers, jacking up utility costs for everyday Americans to pay for them. These data centers power thousands of high-intensity computer chips that are processing constantly and require massive amounts of energy to operate. Just one hyperscale data center consumes the same amount of energy in one second as 100,000 households. Because of this massive energy use, power and water utility companies must build multibillion-dollar infrastructure to keep up with the demand.

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Asia’s energy transition is becoming one of the biggest infrastructure investment stories in the world. Live from Ecosperity in Singapore, Heidi Yip, Head of Sustainable and Transition Solutions for Asia Pacific at BlackRock, and Salim Samaha, Global Head of Energy at GIP, a part of BlackRock join host Oscar Pulido on The Bid #podcast to discuss rising energy demand, energy security, and where investors are seeing opportunities across renewables, grids, storage, and system flexibility. 🎧 Listen:

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