AI Boom Threatens Power Grid, Ratepayers
Update: 2025-11-15
Description
Utilities across the country predict a massive surge in electricity demand, driven by new data centers for AI, raising concerns about realistic projections and potential costs for consumers. Financial analysts warn of an AI investment bubble, while consumer advocates find ratepayers already paying for under-construction or planned data centers. Lack of standard process for utilities to vet large projects and developers submitting requests without solid plans inflate energy forecasts. Texas lawmakers pass legislation requiring data center developers to disclose electricity requests and prove financial commitment to prevent ratepayers from footing the bill for speculative ventures.
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