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AI-Driven Energy Demand Sparks Opportunities in Power Sector
AI-Driven Energy Demand Sparks Opportunities in Power Sector
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BTCCSquare news:
The relentless expansion of artificial intelligence is rewriting energy market dynamics. Hyperscale data centers, packed with power-intensive AI processors operating round-the-clock, could double global electricity consumption by 2030 according to International Energy Agency projections. U.S. AI facilities alone may soon rival the output of multiple nuclear plants.
Constellation Energy emerges as a key player with its 22-gigawatt nuclear fleet producing 182 terawatt-hours of emissions-free electricity in 2024. Nuclear's 24/7 reliability positions it uniquely to meet both the scalability demands and carbon-neutral mandates of tech giants building AI infrastructure.
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