Category: Data Storage Centers

Posted on

Large Investors Are Acquiring Power Generation Assets for Adding a Piece of AI to their Balance Sheet

The Output & New York Times:

Black-Rock
Image: New York Times

Large investors are acquiring power generation companies and their power delivery assets that supply AI-driven data centers for the next expected bull market from this extremely excited AI boom.

“Major investment firms like BlackRock and Blackstone are moving to acquire U.S. utility companies, aiming to benefit from the increasing electricity demand driven by AI data centers. This trend is primarily fueled by the rising demand for electricity from data centers, which are essential for powering AI technologies.”

READ More…

Posted on

TVA Submitted the Nation’s First Construction Permit Application to the NRC for a new Small Modular Reactor (SMR) Plant

TVA.com: Scott Fiedler

TVA-Clinch-River-GE-SMR
Image: TVA.com Clinch River, GE SMR

TVA announced it was “the first utility in the U.S. to submit a construction permit application (CPA) for the GE Vernova Hitachi Nuclear Energy (GVH) small modular reactor (SMR) BWRX-300 technology to the U.S. Nuclear Regulatory Commission – the agency that issues licenses for constructing, operating and decommissioning nuclear power plants.

This CPA is TVA’s next step in pursuing an SMR at its Clinch River site, near Oak Ridge, Tennessee, and establishing America’s energy dominance to power artificial intelligence, quantum computing and advanced manufacturing.

READ More…

Posted on

Using AI Technologies for Power System Asset Management

EngineerLive.com

AI-Power-Asset-Management
Image: EngineerLive.com

What new roles will AI play in the future for aiding power utility companies with power delivery asset management techniques? “Utilities face significant challenges with aging infrastructure, extreme weather, rising operational costs and increased demands for reliability. AI offers a promising solution to all of these issues.

Recent advances show how AI can revolutionize asset management for power utilities. Automated systems can now accurately identify and assess components on utility poles, streamline inspections and minimize human error. These systems not only detect defects with high precision but also enhance maintenance efficiency, reduce downtime, and extend the lifespan of critical assets.”

READ More…

Posted on

A North Dakota Coal Plant Approved to Power AI Data Centers

Power-Eng.com: Kevin Clark

ND-Coal-Plant-to-Pwr-AI-Data-Center
Image: Coal Creek Station, ND: Lignite Energy Council

“North Dakota’s largest coal-fired power plant was recently approved by the McLean County Commission for re-zoning of 800 acres of agricultural land to commercial near Rainbow Energy Center’s 1,151 MW Coal Creek Station.”

This approval would pave the way for Rainbow Energy’s Coal Creek to power new AI data centers. “Rainbow Energy has previously said its plans for the area include construction of new data centers that would source power from Coal Creek.”

READ More…

Posted on

Can the Integrated Circuit Chip Manufacturers Keep Up with the AI Demand?

UtilityDive.com: Robert Walton

Amazon-AI-Facility
Image: Amazon Web Services Data Center: Nathan Howard/Getty

Will the integrated circuit (IC) chip manufacturers be able to maintain AI’s ever-increasing demand for new data center facilities?

London Economics produced a report stating that, “AI demand forecasts have alarmed utilities that are rushing to add energy resources, despite concerns over impacts on power bills. Projected data center demand from the U.S. power market would require 90% of global chip supply through 2030, where such a scenario is unrealistic.”

READ More…

Posted on

Google Signs Agreement for New Renewable Energy to Power AI Facilities

FoxNews.com: Kurt Knutsson, CyberGuy Report

Google-Nuclear-Fusion-Power-Deal
Image: FoxNews.com: Kurt “CyberGuy” Knutsson

Google recently signed its first ever energy power contract for nuclear fusion technology with Commonwealth Fusion Systems (CFS) in taking the next step forward in renewable clean energy. “CFS is an MIT spin-out working to build one of the world’s first commercial fusion reactors. This Google fusion deal marks a pivotal moment for the tech giant as it looks to secure reliable, carbon-free power for its growing AI operations.”

Google plans to purchase up to “200 megawatts of power from CFS’s planned ARC fusion power plant in Chesterfield County, Virginia, which will help power Google’s expanding network of AI data centers.”

READ More…