AI Will Suck Up 500% More Power in UK in 10 Years, Grid CEO Says [Financial Post (Toronto, Ontario, Canada)]
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Electricity demand from UK data centers will jump sixfold over the next 10 years as a boom in artificial intelligence requires increased computing power, according to the head of National Grid Plc. That will ramp up pressure on the country's electricity network, which must move vast quantities of renewable energy from as far away as Scottish wind farms to data centers around London. And it's a grid already under strain from the accelerating electrification of home heating, transportation and industries. Article content Article content “Future growth in foundational technologies like artificial intelligence and quantum computing will mean larger-scale, energy-intensive computing infrastructure,” National Grid Chief Executive Officer John Pettigrew said Tuesday at a conference in Oxford. It's an outlook replicated in many other countries, which
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NGG
Sec Filings
- 4/18/24 - Form 6-K
- 4/10/24 - Form 6-K
- 3/28/24 - Form 6-K
- NGG's page on the SEC website