Image: TechCrunchPower Crunch Drives Investment in Energy Tech for AI Data Centers; Goldman Sachs Forecasts 175% Consumption Surge by 2030
β’ AI is expected to drive data center power consumption up 175% by 2030, creating unprecedented grid shortages that have pushed electricity prices higher across the country and compelled tech companies to seek alternative power sources. β’ Google's deal to power a new Minnesota data center blends wind and solar with a 30 gigawatt-hour battery from Form Energy, while the U.S. is expected to have nearly 65 gigawatts of battery storage capacity by year-end. β’ Dozens of startups including Amperesand, DG Matrix, Heron Power, Camus, GridBeyond, and Texture are developing power conversion and grid management technologies to address the critical energy shortage.
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