Reported 1 day ago
Top U.S. natural gas producers anticipate a surge in infrastructure approvals to meet the growing demand for electricity driven by rising consumer bills and AI advancements. Despite record energy production in 2024, electricity costs have increased significantly, prompting states like Texas and Pennsylvania to consider expanded gas infrastructure. Experts predict that natural gas will play a crucial role in meeting the projected 2.4% annual rise in electricity consumption driven by AI, while also complementing renewable energy sources to support next-generation data centers.
Source: YAHOO