The C Three Group | Yes Energy

?? Washington Post writer Evan Halper came to Yes Energy for the latest information on new gas power plants -- our Infrastructure Insights dataset has the most comprehensive information on planned power plant additions and retirements in the industry. See the excerpt below on the status of US gas-burning power plants or the full article: https://hubs.ly/Q02Z4GHy0 #Gas #PowerPlants #EnergyMarkets

https://lnkd.in/gnWTa5Az

Power Grab: AI Data Centers and the Electric Grid - Part 1 This video is the first in a multi-part series aimed at explaining AI-driven datacenter load and implications for the electric power grid. It’s not that EV or heat pump load or power demand from the re-shoring of industry and Bitcoin doesn’t matter. It’s just that the potential future demand from datacenters is so much larger.?It demands to be understood, so let's dig in: In May, the?Electric Power Institute estimated?that data centers might consume up to 9%?of U.S. electricity generation by 2030.?McKinsey thinks EPRI is underestimating the demand. It?projects 11 – 12% of total load by 2030, totaling 80,000 MW of demand. An?EPRI May - July survey?of 26 utilities showed 60% had requests for new datacenter hookups of 500 MW or larger, and 48% had requests over 1,000 MW.??Almost half said that current datacenter requests exceed 50% of current peak demand. None of the utilities surveyed had current datacenter load over 500 MW. Dominion Virginia serves the world’s data hub because of local high-speed fiber backbone. It served 2,800 MW of datacenters in 2022, and now it’s closer to 5,000 MW, equal to one-quarter of the entire state’s power usage.?50,000 MW of datacenter load is waiting in line, but Dominion now says it?won’t hook up new datacenters over 100 MW?for seven years. In Texas,?Oncor faces 59,000 MW?of datacenter connection requests. Meanwhile, AEP Ohio – which serves 600 MW of data centers?has interconnection requests now over 40,000 MW. What’s going on? Nobody saw this coming, w/the exception of a few AI industry insiders - even most of them have been surprised.?Why? Because the tech is getting better, faster. Let's look at some history in terms of games and tests: In 1997 IBM’s Deep Blue Watson beat world chess champion Gary Kasparov. But that was simple math. In 2011, Jeopardy king Ken Jennings got destroyed. Then in 2016 AlphaGo crushed top Korean Go player Lee Sedol. Go is far harder than chess: 361 squares vs 64. In chess, within two moves you have about 400 potential outcomes vs around 130,000 in Go. The AlphaGo team taught its computer to play against humans, and then to play millions of games against itself.?On the 37th?move of Game 1 against Sedol, AlphaGo placed a stone in a location that nobody would have expected, appearing to demonstrate creativity. And won, thus demonstrated the growing capabilities of AI. But AI still couldn’t really demonstrate prowess on tests or tough conceptual logic. Now it can. Quickly. In 2022 ChatGPT 3.5 scored in the 40th?percentile on the law school LSAT.?In 2023, it jumped to 88th.??How about the standard SAT? It went from 87th?to 97th. Within a few years, we will see “super-intelligence,” where computers exceed the thought processes of the best human. Why is this occurring so quickly? Quite simply, the machines are training more quickly with more powerful chips. Next week, we’ll discuss chips and the electricity they devour.

Some renewables are already an integral part of the grid today, but there is more to their reliability than meets the eye. Check out this great breakdown by Laura Fletcher. As the demand for power keeps booming due to the hyper-scaling of AI, will we ramp up other clean sources of reliable energy production like hydro, geothermal, or nuclear? I’d love to hear your thoughts in the comments below!

TODAY: We're investing $1.5 billion in 4 transmission projects to: ?? Improve grid reliability and resilience across the country ?? Relieve costly transmission congestion ?? Open access to affordable energy for millions of Americans https://lnkd.in/eNHE4AcB

The 2024 North American Electric Distribution Market Forecast was released today! Please reach out to us with any questions or to receive your copy. #distributiongrid #electricreliability #electricgrid #gridforecast

??We’re exhibiting at #REPlus24 on September 9-12 in Anaheim! Join us in booth #L3716. Learn more and see all the events where you can catch our team at https://hubs.ly/Q02NrKSc0.

https://lnkd.in/g--RTHqg

The C Three Group’s?Annual North American Electric Transmission Market Forecast 2024?Just Released! ? Over $52 Billion Was Spent on the North American Transmission Grid in 2023;?Up 16% from 2022 #transmission #electricutilities #AEP #powergrid

https://lnkd.in/eRUKe97T