Artificial Intelligence (AI) Archives -

America’s power grid is choking on costly congestion: Maguire

July 20, 2026

(BOE Report) – Congestion on the U.S. electricity grid is becoming an increasingly costly bottleneck, driving up power prices, delaying new generation projects and undermining reliability. Yet the electricity industry’s attention remains focused largely on generation, with politicians debating solar panels, natural gas turbines and nuclear reactors while utilities tout billions of dollars of planned investments. PJM Interconnection, the largest

SLB, Liberty Energy to Form Strategic Alliance for Data Center Infrastructure and Power

July 14, 2026

(Oil & Gas 360) – Publisher’s Note: Liberty Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-19, 2026. Register to attend. Planned alliance combines modular infrastructure and integrated power solutions designed to accelerate global data center deployment HOUSTON and DENVER, July 14, 2026 — Global energy technology company SLB (NYSE: SLB) today announced an agreement with Liberty Energy Inc.

New York imposes first ever moratorium on U.S. data centers

July 14, 2026

(Oil Price) – New York Governor Kathy Hochul has signed the country’s first-ever executive order imposing a statewide moratorium on new large-scale data centers for up to one year. The order freezes the permitting process for new data centers requiring 50 megawatts or more of electricity, placing the fastest-growing source of U.S. power demand on hold while state regulators assess its long-term impact on

US natural gas power costs reach 17-year high on data center demand, Lazard says

July 13, 2026

(Investing) – The cost of electricity from natural gas power plants in the United States reached its highest point in at least 17 years, according to data released Monday by Lazard Inc. The levelized cost of energy for combined cycle gas plants rose to $90 per megawatt-hour in 2026, up from $78 the previous year. The figure represents the highest level

The next infrastructure boom won’t be digital, it will be energy

June 29, 2026

(By Oil & Gas 360) – Artificial intelligence is often described as the next industrial revolution. What receives far less attention is that every industrial revolution eventually runs into the same constraint: infrastructure. The explosive growth of data centers has sparked a national debate over electricity demand, grid reliability, and rising energy costs. It is tempting to blame data

Chevron signs 20-year Microsoft power deal for West Texas AI project

June 22, 2026

(World Oil) – Chevron has signed a 20-year power purchase agreement with Microsoft to supply electricity from a planned natural gas-fired power facility in West Texas, marking a major step in the growing connection between U.S. energy production and artificial intelligence infrastructure. The agreement calls for Chevron subsidiary Energy Forge One to develop a co-located power facility that will provide dedicated electricity to a

Big Tech’s nuclear future is creating a new uranium story

June 17, 2026

(By Oil & Gas 360) – The artificial intelligence revolution is creating an unexpected winner in the energy sector: uranium. For years, uranium and nuclear energy occupied a relatively niche corner of the investment landscape, supported primarily by utilities, governments, and a handful of long-term investors. Today, that picture is changing rapidly. The rise of artificial intelligence, hyperscale data centers, and

Iran war adds to AI boom as demand for gas turbines rises further, Siemens Energy says

June 11, 2026

(BOE Report) – The Iran war has become an additional driver of demand for gas turbines, Siemens Energy executives said on Thursday, at a time when manufacturers are already flooded with orders due to the massive data centre expansion in the United States. Along with rivals GE Vernova and Mitsubishi Heavy Industries, Siemens Energy has seen demand for gas turbines

Nuclear and natural gas are teaming up to power the AI data center boom

June 10, 2026

(Oil Price) – Data centers are placing unprecedented strain on electric grids across the country and across the world as the rapid integration of artificial intelligence into virtually every market sector unleashes an energy monster that we are woefully unprepared to feed. Meeting projected demand growth in coming months and years will require creative solutions and cutting-edge energy innovation, but it will

Alberta pitches cheap natural gas for data center boom

June 9, 2026

(BOE Report) – Alberta is touting its abundant supply of cheap fossil fuels to entice tech companies to build data centers for the AI boom, a move that would undermine Canada’s plan to link new data center development with clean energy expansion. Canada is the world’s fifth-largest producer of natural gas, around 60% of which comes from Alberta. As well

Big Tech’s next challenge isn’t AI, it’s energy

June 5, 2026

(By Oil & Gas 360) – For much of the past two years, the artificial intelligence boom has been viewed through the lens of semiconductors, software, cloud computing, and record capital spending by the world’s largest technology companies. Increasingly, however, AI is becoming something much larger. It is becoming one of the most important energy stories of the decade. The rapid

The real cost of computing: America’s data center boom, Colorado’s constraint, and the illusion of low-impact growth

June 3, 2026

(Oil & Gas 360) By Greg Barnett, MBA – The Energy Information Administration did not intend to write a thesis on the future of the American economy. Yet that is precisely what it has done. Hidden in a technical projection is a structural shift as consequential as electrification itself: data centers are rapidly becoming one of the dominant consumers of

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