Top US Gas Producer EQT Sees AI as Biggest New Source of Demand
- EQT boss sees potential for AI data centers across Appalachia
- US gas market may work through glut, spurring price volatility
A power substation near a data center in Ashburn, Virginia.
Photographer: Nathan Howard/BloombergThis article is for subscribers only.
Data centers for artificial intelligence will comprise the biggest addition to US natural gas demand in coming years, according to the boss of the EQT Corp., the country’s largest producer of the fossil fuel.
US consumption has already soared over the past decade. Gas became the No. 1 power plant fuel after generators switched from coal, a dirtier source of energy. The start-up of export facilities on the Gulf Coast also added major new customers outside the US.