The rapid expansion of artificial intelligence (AI) technologies is driving a surge in electricity demand, particularly from data centers that power AI operations. In the United States, companies like Google are consuming large amounts of electricity to support their AI projects, contributing to rising energy bills for consumers. Meanwhile, in Europe, the AI boom is prompting a revival of aging coal and gas power plants, many of which were slated for closure by 2038. Utilities are opting to retrofit these older facilities to meet the growing power and cooling needs of data centers rather than constructing new infrastructure. This trend reflects the challenges posed by Europe’s regulatory environment and energy policies, which may hinder its ability to fully capitalize on the AI revolution. The modernization of these power plants is seen as a necessary step to sustain AI growth despite concerns about fossil fuel use and net-zero commitments.
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