Eye-Popping Power Prices Show AI’s Cost to Consumers
Wholesale electricity is up to 267% more expensive than it was five years ago in areas near US data hubs.
The Stargate AI data center under construction in Abilene, Texas.
Photographer: Bloomberg
This article is for subscribers only.
Welcome to our guide to the commodities powering the global economy. Today, reporter Josh Saul looks at how data centers are pushing up energy bills in the US.
The burgeoning growth of energy-hungry data centers is rapidly driving up utility bills, and in some parts of the US the jump is staggering.