“The one with the power wins and entrepreneurs right now are figuring out how to bring the power.” -Jordan Rose, Rose Law Group founder and president, who represents data centers
By Axios
The need to power the AI revolution is the top-of-mind issue for energy CEOs and thousands of professionals at the CERAWeek by S&P Global conference here.
Why it matters: Depending on who you listen to, AI will either lead to a decades-long extension in relatively unfettered fossil fuel use or may not cause electricity demand to skyrocket as much as many assume.
In any case, it’s leading to a new energy “pragmatism” or “realism,” in which some are pushing climate change concerns to the back burner.
Zoom in: In presentations and hallway conversations, experts said that increasing electricity demand for AI-related data centers is partly driving a new “energy realism,” as ADNOC CEO Sultan Ahmed Al Jaber said in a speech yesterday.
