Data Centers Are About To Burn More US Natural Gas Than Almost Every Country On Earth– dailycaller.com
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EXCERPT:
American data centers are on track to consume more natural gas than nearly every country in the world within the next decade as the artificial intelligence boom drives electricity demand higher, according to a new BloombergNEF outlook.
Natural gas consumption used to generate electricity for U.S. data centers is projected to increase by 15 billion cubic feet per day through 2035, according to BloombergNEF. The projection accounts for the possibility that many data center projects currently planned across the country will never be built.
“In short, the resource base and producer response are sufficient, but the mix would shift toward higher-cost dry-gas drilling, supporting moderately higher gas and electricity prices than a high-oil-price, high-associated-gas world,” Stuart Turley, president and CEO of the Sandstone Group and host of the Energy News Beat podcast, told the Daily Caller News Foundation.
The additional demand alone would exceed the amount of natural gas currently consumed by every country except China, Russia, Iran and the United States, according to data from the U.S. Energy Information Administration