Renewable electricity is cheap and clean, but also less predictable than firing up a gas turbine. Turns out that’s both a problem and an opportunity. Most solutions to the problem of intermittency involve pairing solar panels and wind turbines with batteries, which store the power for use when the sun sets or the wind dies […]
ElectronX is building a stock market for electricity trading Read More »
Renewable electricity is cheap and clean, but also less predictable than firing up a gas turbine. Turns out that’s both a problem and an opportunity. Most solutions to the problem of intermittency involve pairing solar panels and wind turbines with batteries, which store the power for use when the sun sets or the wind dies
ElectronX is building a market for electricity trading Read More »
Tech companies, data center developers, and power utilities have been panicking over the prospect of runaway demand for electricity in the U.S. in the face of unprecedented growth in AI. Amidst all the hand wringing, a new paper published this week suggests the situation might not be so dire if data center operators and other
Data center tweaks could unlock 76 GW of new power capacity in the U.S. Read More »
With data centers expected to consume as much as 12% of electricity in the U.S. by 2028, it’s no surprise that tech companies are looking for power no matter the source, whether it be nuclear, renewables, or something else entirely. But solar produces a very different type of electric current from a nuclear plant, and
What happens when a chemical engineer, who’s previously built a hydrogen-powered drone, becomes a venture capitalist? Energy Revolution Ventures, that’s what. The VC has now closed an $18 million Seed and Series A fund to invest in deeptech, such as energy storage, carbon capture, and, yes, hydrogen technologies. Marcus Clover, Co-Founder and Partner at ERV
AI’s insatiable thirst for electricity is expected to surge in the coming years, potentially leading to power shortages for data centers. New servers last year demanded 195 terawatt-hours of electricity, according to a new report from Gartner. That’s as much as 18 million households use in a year. But by 2027, new servers could command
Nearly half of AI data centers may not have enough power by 2027 Read More »
