Demand for energy in AI and cloud data centers increasing, utilizing gas to generate electricity on-site
From Investing.com: 2025-06-23 07:00:00
The demand for energy in AI and cloud data centers is rapidly increasing, surpassing the capabilities of the current power grid. Behind the Meter solutions are being utilized to bridge the gap by converting natural gas into electricity on-site. This innovative approach improves reliability, lowers costs, and requires less time to build than traditional methods. Market trading remains bullish despite negative headlines, with potential for a market correction to address overbought conditions. The upcoming week will see the release of PCE prices data and Chairman Powell’s testimony to Congress, potentially impacting market volatility.
Read more at Investing.com: Behind the Meter Solutions: The Gas Powering AI