Artificial intelligence is reviving the American natural gas industry
After years of stagnant demand, the massive power needs of data centers are forcing energy companies to build new gas plants at triple the cost.
For nearly two decades, the American power market remained relatively flat as energy efficiency balanced out population growth. That era of stagnation has ended abruptly because of the immense electrical appetite of artificial intelligence. To keep pace with the energy required to train and run massive AI models, power companies are returning to natural gas as a primary solution. This shift is so significant that industry experts describe it as a renaissance for a sector that many expected to fade.